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28491 Nicholas Circle
About This Property
With no HOA and no Mello-Roos, it features a 3,044 sq ft. main home 5 bedrooms 3 bathrooms and a separate 580 sq ft 1-bedroom ADU
Newly remodeled outside stucco, newly done pebble saltwater pool. Brand new AC brand new kitchen appliances.
Its bright, open layout includes formal living and dining rooms, while a downstairs bedroom can serve as a home office or guest room.
Solar panels add energy efficiency. Each bedroom features an upgraded mirrored wardrobe closet.
The separate ADU offers space for extended family, guests, or potential rental income. Enjoy a spacious, private backyard large pool with a jacuzzi, an oversized driveway with parking for six or more vehicles.
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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 |
|---|---|---|---|
| Sep 29, 2026 | Listed by Tri-Star Realty | $1,475,000 | |
| Listed by Tri-Star Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017