271 Reef Band DR
About This Property
The primary suite offers a relaxing retreat with a beautifully upgraded bathroom featuring tile extended to the ceiling for a custom luxury finish with soaking tube and walk-in shower with shelf seating. The secondary bathroom has been enhanced with full-height tile, creating a polished upscale look.
Additional features include spacious bedrooms, tile flooring in wet areas, wired-for-sound, ceiling fans, dining area, full irrigation for the front and back yards, and 4 side brick exterior siding. Crosswinds amenities offers community pool, children's pool, walking trails and new community market.
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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 |
|---|---|---|---|
| Aug 14, 2026 | Price Decreased |
$399,900
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Aug 1, 2026 | Listed by Pure Realty | $425,000 | |
| Listed by Pure Realty | |||
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Aug 21, 2024 | Listed by Perry Homes Realty, LLC | $401,900 | |
| Listed by Perry Homes Realty, LLC | |||
| | |||
| Jul 31, 2024 | Listed by Perry Homes Realty, LLC | $401,900 | |
| Listed by Perry Homes Realty, LLC | |||
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Entry leads to open kitchen, dining area and family room. Abundant natural light and 10-foot ceilings throughout. Kitchen features large walk-in pantry and generous island with built-in seating space. Family room features wall of windows. Primary suite includes bedroom with 10-foot ceiling. Double doors lead to primary bath with dual vanity, separate glass-enclosed shower and large walk-in closet. Secondary bedrooms feature walk-in closets. Covered backyard patio. Utility room leads to two-car garage.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017