263 FLORES Way
About This Property
The outdoor area is an entertainer's dream, featuring a recently added tongue and groove ceiling on the back patio and pool area, and a gas pipe ready for your outdoor kitchen setup. The star of the show is the salt-generated pool, providing an outdoor oasis for hot, summer days and family gatherings.
Inside, the home is equally impressive. Fresh new carpet has been laid throughout, and the entire exterior has been painted, giving the home a pristine look. The roof was replaced in 2020, while both AC units were upgraded in 2019 and 2021, ensuring your comfort year-round. The water heater and water softener, both installed in 2021, add to the home's meticulous upkeep.
Additional features include a huge office with French doors, an immaculate, oversized garage, a fully updated laundry room, and custom California closets that offer ample storage and organization. The living room offers soaring ceilings with beautiful built ins, and is a perfect for an immersive entertainment experience.
Conveniently located close to shopping, dining, and A-rated schools, experience the luxury of St. Johns Forest living, and the ultimate comfort and enjoyment that this home has to offer.
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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 |
|---|---|---|---|
| Jul 29, 2024 | Sold | ||
| Sold | |||
| Jun 17, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by HERRON REAL ESTATE LLC | $799,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Jun 11, 2014 | Sold | ||
| Sold | |||
| Feb 28, 2014 | Listed by HERRON REAL ESTATE LLC | $356,900 | |
| Listed by HERRON REAL ESTATE LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017