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23862 Windmill
About This Property
A beautiful leaded glass front door welcomes you into the home, where large newer dual-pane windows and sliding glass doors in the living room, kitchen, family room, and primary bedroom fill the interior with natural light while showcasing the picturesque views. The open-concept kitchen flows seamlessly into the family room, creating the perfect setting for everyday living and entertaining.
Step outside to your private backyard retreat, complete with water-conserving landscaping, a covered patio, a putting green, and a storage shed. Whether you're hosting summer barbecues, relaxing with friends, or simply enjoying the refreshing ocean breeze and peaceful evenings, this outdoor space is designed for year-round enjoyment. This exceptional property offers the perfect combination of indoor comfort, outdoor living, and an outstanding location in one of the area's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Sep 15, 2026 | Sold | ||
| Sold | |||
| Aug 15, 2026 | Price Increased |
$1,650,000
↑ $100K
(6.5%) | |
| Price Increased | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Price Increased |
$1,550,000
↑ $93K
(6.4%) | |
| Price Increased | |||
| Jul 16, 2026 | Listed by First Team Real Estate | $1,457,000 | |
| Listed by First Team Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017