237 Enchanted Way
About This Property
Beautifully updated Florida Cottages, tucked away 4 blocks to the bay behind Sacred Heart Hospital off of Mack Bayou.Enjoy walking or biking to the Bay & quick drive to the beach. This gem boasts fresh painted interior & new flooring, creating a light, bright flow of ambiance throughout.
The well-appointed kitchen, featuring sleek white granite countertops, stylish black designer sink & eye-catching lower cabinets. The open-concept dining & den invites space to gather.
Primary Suite located on Main Level offering convenience & privacy.Two spacious bedrooms upstairs with large walk-in closets.
Offering a GREAT deal on both properties can view 237 Enchanted currently its same floor plan
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Cap Rate Calculator
What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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 25, 2025 | Sold | ||
| Sold | |||
| Nov 23, 2025 | In contract | - | |
| In contract | |||
| Oct 23, 2025 | Listed by Berkshire Hathaway HomeServices | $379,000 | |
| Listed by Berkshire Hathaway HomeServices | |||
| Jul 15, 2025 | Price Decreased |
$399,000
↓ $11K
(2.7%) | |
| Price Decreased | |||
| May 23, 2025 | Price Decreased |
$410,000
↓ $9K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017