24
Map
346 Sun Ray
About This Property
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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 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Price Decreased |
$724,500
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Sep 16, 2024 | Listed by Horseshoe Bay Resort Realty | $749,500 | |
| Listed by Horseshoe Bay Resort Realty | |||
| May 6, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by RE/MAX HORSESHOE BAY RESORT SA | $699,000 | |
| Listed by RE/MAX HORSESHOE BAY RESORT SA | |||
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Reward yourself with an exceptional golf course home located in the highly desirable neighborhood of Horseshoe Bay West. This new home is another terrific example of the quality workmanship by McKay Vassaur Custom Builders. The thoughtful, single level floor plan offers the most comfortable open layout with the kitchen, living, dining and primary bedroom overlooking the 15th fairway of Apple Rock Golf Course. The living area features rich hardwood floors, high ceilings with reclaimed wood beams, floor to ceiling masonry fireplace, crisp color palette and a 3-panel sliding glass door unit that showcases the gorgeous views. Prepare meals with ease in the light and airy island kitchen featuring handcrafted cabinetry, quartz counters, walk-in pantry and top of the line KitchenAid stainless appliances. The spacious primary suite boasts picturesque views, vaulted ceilings and a large walk-in closet. The spa-like primary bath offers dual vanities, freestanding soaking tub, and a gorgeous frameless glass shower. Friends and family will appreciate the two sizable guest rooms with convenient access to a nicely appointed hallway bath with quartz countertops and a tiled shower/tub. For those that work from home you will be delighted by the dedicated office located just off the entryway. Exterior features include a 2-car garage, stone & stucco, tile roof, landscaping, manicured lawn, sprinkler system, large rear covered patio and excellent views of the golf course. Come take a tour of this exceptional home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017