291 Craftsman Way
About This Property
This home features a seamless living space with EVP and carpet in the bedrooms. Continuing into the heart of the home, you will find an open concept living area. Here, the kitchen is open to the living area and features quartz countertops, stainless steel appliances, and an island with a breakfast bar that creates the perfect spot for casual dining or entertaining. The adjoining dining area is well-positioned for family meals, while the living room offers a comfortable space to relax, complete with views of the backyard.
The laundry room is off the kitchen and is complete with extra storage shelves. Privately located at the back of the home, the primary bedroom offers a peaceful retreat. The large bedroom is complemented by an ensuite bathroom, featuring a dual vanity, a large shower, and an expansive closet designed for all your wardrobe needs. The patio at the back of the home provides the perfect place to enjoy outdoor 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 |
|---|---|---|---|
| Nov 6, 2026 | Price Decreased |
$299,871
↓ $3K
(1%) | |
| Price Decreased | |||
| Oct 29, 2026 | Price Decreased |
$302,900
↓ $21K
(6.5%) | |
| Price Decreased | |||
| Oct 14, 2026 | Listed by DR Horton Realty of Emerald Coast LLC | $323,900 | |
| Listed by DR Horton Realty of Emerald Coast LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017