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27 FARMBROOK LANE
About This Property
The home offers an open kitchen and living layout, three sliding glass doors, a large bedroom with vaulted ceiling, walk in closet, and lanai access, plus a guest bedroom and security system. Outside, the property features a 4 car driveway, fully fenced yard with gated front entrance, an in ground 10,000 gallon pool, and a pool house. Fruit trees, palms, cacti, and a great location just steps to town add even more appeal.
This is a handyman special or investor opportunity with strong potential for someone looking to update cosmetics and create value. Ideal for a buyer who wants a property with key mechanical improvements already in place and the chance to make the rest their own.
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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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| Apr 19, 2026 | In contract | - | |
| In contract | |||
| Apr 1, 2026 | Listed by NEXTHOME EXCELLENCE | $250,000 | |
| Listed by NEXTHOME EXCELLENCE | |||
| Dec 30, 2022 | Sold | ||
| Sold | |||
| Oct 13, 2022 | Listed by NEXTHOME EXCELLENCE | $225,000 | |
| Listed by NEXTHOME EXCELLENCE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017