347 NESS Circle
About This Property
Welcome to luxury in Beacon Lake! This 5 bed/4 bath 3,256 sq ft home is loaded with custom upgrades. Inside you'll find built-ins, coffered ceilings with wood inlay, a custom kitchen island, and an upgraded walk-in closet in the primary suite. Enjoy fireplaces in the living room, primary suite, and on the extended lanai. Upstairs, the oversized loft is perfect for a playroom, media room, or second living space.
Outside, the home features a fenced backyard, gas lamps on the porch, and coach lights by the garage for standout curb appeal. The new K-8 school is within walking distance, and shopping and dining are just minutes away. Beacon Lake offers resort-style amenities including a pool, kids' water park, gym, fire pit, and more. This one is a must see in person!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Price Decreased |
$749,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Decreased |
$755,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Nov 7, 2025 | Price Decreased |
$760,000
↓ $9K
(1.2%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About St. Johns
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017