3379 Ribbon Grass Drive
About This Property
Enjoy major energy savings with fully installed Solar Panels powering the entire home. Inside, the open layout showcases wood-look tile flooring, soaring ceilings, abundant natural light, and 8-foot doors throughout. A flexible bonus space easily functions as a home office or 5th bedroom. The kitchen is designed to impress with 42'' white cabinetry, granite countertops, subway tile backsplash, stainless steel appliances, gas range, large island, and walk-in pantry-perfect for everyday living and entertaining. Upstairs, retreat to the spacious primary suite with tray ceilings, dual walk-in closets, and a spa-like bath featuring double vanities and a large walk-in shower. Three additional bedrooms, two full baths, and a convenient laundry room complete the second floor. Bonus: climate-controlled 2-car garage ideal for a workshop. Enjoy resort-style living with Addison Village Club amenities including pools, tennis, pickleball, basketball, and more.
This home checks every box. Schedule your showing today!
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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 |
|---|---|---|---|
| Apr 13, 2026 | Listed by Blue Marlin Real Estate | $734,000 | |
| Listed by Blue Marlin Real Estate | |||
| Oct 29, 2025 | Price Decreased |
$734,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Sep 29, 2025 | Price Decreased |
$739,900
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed | $744,900 | |
| Listed | |||
| | |||
|
PRICE IMPROVED!! MOTIVATED SELLER!! FULLY PAID SOLAR PANELS!!! This meticulously maintained home offers 4 spacious bedrooms AND a versatile downstairs office great for another bedroom, guest suite, study or playroom. Stunning lake views from both the front porch and rear patio. This energy-efficient home features solar panels for low monthly utility costs. The open-concept layout includes wood-look tile throughout, high ceilings, and 8' doors. The kitchen offers 42'' white cabinets, granite countertops, stainless steel appliances, gas range, oversized island, and walk-in pantry. Spacious dining area opens to a large covered lanai for entertaining. The owner's suite features tray ceilings, dual walk-in closets, and a spa-style bathroom with dual vanities and a large walk-in shower. Climate-controlled 2-car garage with workshop space. Located in sought-after Addison Village with access to resort-style amenities: pools, tennis, pickleball, basketball, and more.
| |||
| Mar 21, 2025 | Price Decreased |
$745,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
Property Highlights
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About Brevard
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017