3381 Monarch Street
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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 19, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Listed by Young & Young Properties | $465,000 | |
| Listed by Young & Young Properties | |||
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No need to go on vacation -- Paradise is right in your own backyard! This beautifully maintained 3 bedroom, 2 bath home in Lake Washington offers true Florida resort-style living. Step outside to your private retreat featuring a sparkling swimming pool, cabana bar, gazebo, new decking, 2 fire pits, built-in natural gas grill, fenced dog yard,— perfect for all your entertaining. Relax beneath the palm trees with space for hammocks, or take a stroll along the pavered nature path surrounded by tropical landscaping with irrigation system.
Inside, you'll find a newer kitchen with charming brick oven-style décor, updated baths, hurricane-rated skylights that fill the home with natural light. Split plan with one large bedroom can be used as mother-in-law suite with a sitting area or dining area. Brand new roof, larger .27 acre lot. With every detail designed for comfort and outdoor enjoyment, this home truly embodies the best of Florida living.
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| Apr 27, 2016 | Sold | ||
| Sold | |||
| Jan 21, 2016 | Listed by Ocean Realty Partners LLC | $215,000 | |
| Listed by Ocean Realty Partners LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017