2779 Tropic Road
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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 |
|---|---|---|---|
| May 27, 2024 | Sold | ||
| Sold | |||
| May 17, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Price Decreased |
$379,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Apr 15, 2024 | Price Decreased |
$389,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Feb 21, 2024 | Listed by RE/MAX Elite | $399,900 | |
| Listed by RE/MAX Elite | |||
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Welcome to your dream home, where luxury and functionality converge in perfect harmony. This exquisite 4-bedroom, 3-bathroom residence with a 2-car garage is a testament to refined living and thoughtful design .As you step through the front door, the open floor plan immediately captures your attention, creating a sense of spaciousness and connectivity throughout the home. The spotlights above illuminate the sleek, modern features, setting the stage for the epitome of contemporary living.The heart of this home lies in its gourmet kitchen, adorned with stainless steel appliances and a generously sized granite-top island that comfortably seats five. This culinary haven is perfect for entertaining guests, hosting family gatherings, or simply indulging in your culinary passions.The floor plan, distinguished by 10-foot ceilings, offers a sense of grandeur and sophistication. Two master suites, each adorned with tray ceilings, provide an added layer of opulence and privacy. The owner's master suite boasts its own rear access to the patio, offering a private retreat to enjoy the serene outdoor space.Step into luxury with his and hers walk-in closets, ensuring ample storage space for your wardrobe. The en-suite bathroom is a spa-like oasis, featuring a double vanity, a relaxing Jacuzzi tub, and a separate shower - the epitome of comfort and style.The second master suite, strategically located at the front of the home, is a versatile space. With pavers leading to its private outside access, it provides a separate entrance for guests or clients. This master suite is complemented by a convenient wet bar, making it an ideal space for those who work from home and occasionally host visiting clients.The rear patio is a true extension of the living space, equipped with water and electricity for ultimate convenience. Whether you envision lazy Sunday afternoons lounging in the sun or hosting lively gatherings under the stars, this patio is ready to accommodate your lifestyle. This home is not just a residence; it's a testament to the fusion of elegance and functionality. With its thoughtfully designed features and luxurious finishes, this 4-bedroom, 3-bathroom haven is where your dream lifestyle becomes a reality. Welcome home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017