303 Ibis Lane
About This Property
The main level includes three bedrooms including the primary suite, with a fourth bedroom or bonus room upstairs along with conditioned walk-in storage. The floor plan lives beautifully with an open concept layout that includes a dining room, kitchen with eat-in space, and a keeping or sitting area. The large island allows for effortless entertaining and everyday comfort. Plantation shutters and custom pull-down blinds enhance the interior.
The primary suite features dual vanities, a soaking tub, a separate tiled shower, a spacious water closet, and an oversized walk-in closet with built-in shelving. The gourmet kitchen is designed for both style and functionality with upgraded built-in stainless steel appliances, a gas range with hood, quartz countertops, large island with pendant lighting, and convenient pull-out drawers. New flooring extends throughout the main level with tile in all wet areas.
Additional features include a large screened porch and separate 14x10 grilling patio, a dedicated laundry room with cabinetry, and an irrigation system that has been winterized for the season. The home has been meticulously maintained inside and out, with a new HVAC system installed in 2024.
Residents of Carolina Arbors enjoy an award-winning amenity lifestyle including a clubhouse, indoor and outdoor pools, fitness center, pickleball and tennis courts, walking trails, and a billiards room. This home offers privacy, comfort, and the exceptional lifestyle that Carolina Arbors is known for.
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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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2025 | Listed by HODGE & KITTRELL SOTHEBYS INTE | $800,000 | |
| Listed by HODGE & KITTRELL SOTHEBYS INTE | |||
| Nov 16, 2020 | Sold | ||
| Sold | |||
| Sep 19, 2020 | Listed by HODGE & KITTRELL SOTHEBYS INTE | $575,000 | |
| Listed by HODGE & KITTRELL SOTHEBYS INTE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017