267 W Farm Owl Drive
About This Property
The living room, dining area, and primary bedroom each include tray ceilings, enhancing the home's upgraded feel. Privately positioned at the rear of the home, the primary suite offers a relaxing retreat with a spa-inspired bathroom featuring a double vanity, walk-in shower, soaking tub, and a generous walk-in closet. Two additional bedrooms are located off the entry hall and share a full bathroom, making them perfect for family, guests, or flexible use. A fourth bedroom with its own bathroom, walk-in closet, and nearby dedicated study provides added privacy and convenience, ideal for visitors, remote work, or multigenerational living.
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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 |
|---|---|---|---|
| Oct 29, 2026 | Price Decreased |
$523,725
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 25, 2026 | Listed by DR Horton Realty of Emerald Coast LLC | $533,225 | |
| Listed by DR Horton Realty of Emerald Coast LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017