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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 1, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Listed by Downing-Frye Realty Inc | $770,000 | |
| Listed by Downing-Frye Realty Inc | |||
| | |||
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Completely renovated, beautifully furnished and move-in ready NOW. No dirt, no mess, no chasing contractors, no waiting for supply shortages. It's ALL been done with quality fit and finish. Great room architectural design, 3 bedrooms, 2 full baths, lagoon pool, 2 car attached garage, quiet location, close to Coconut Rd entry and exit. What's NEW: Exterior repainted June 2025, ROOF replaced late 2024. Floor replaced 2024 with COREtec luxury vinyl plank flooring, HVAC replaced late 2021, interior freshly painted. KITCHEN: newer stainless-steel appliances, backsplash, quartz countertops, sink and plumbing, custom cabinetry, walk-in pantry and wine cooler. MASTER BATH: new dual sinks and plumbing, new cabinets, quartz countertops and oversized walk-in shower. ADDITIONAL LEISURE ROOM: added living area at time of original construction, now furnished for your relaxation. UTILITY ROOM: newer Maytag washer and dryer, cabinets, sink and quartz countertops. Lanai, kitchen and master bedroom windows have electric hurricane shutter protection, pool heater is electrically powered. Lanai view is southwest toward south course fairway #13 (no early morning course grooming). Front entry door is leaded glass with Ring security doorbell. Shadow Wood offers optional country club membership with 3-18 hole golf courses, 9 Har-Tru clay tennis courts, 3 bocce courts and soon to come resort pool, dedicated kids pool, poolside dining and beverage service and 6 indoor air conditioned pickleball courts. The Commons Club at The Brooks offers Gulf of America private beach club and pavilion, state of the art fitness center, pickleball, social activities and a private member only restaurant. And all of this only 5 minutes away from Coconut Point outdoor mall and 20 minutes from the airport.
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| Jul 22, 2025 | No longer available | - | |
| No longer available | |||
| May 30, 2025 | Price Decreased |
$795,000
↓ $55K
(6.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017