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3535 Sanctuary Drive
About This Property
The Alabaster is a well-designed single-family home with four bedrooms and three and a half bathrooms. The open-concept main level features a foyer leading to the dining and living areas, with a kitchen that includes a center island, quartz countertops, white cabinetry, and stainless-steel appliances. EVP flooring runs throughout the main level, which also includes a primary suite with a dual-sink vanity, walk-in shower, and closet, along with a half bath and laundry room.
Venture upstairs to discover an additional living space that is flanked by three additional bedrooms. Each bedroom has been designed with spacious closets and two share a bath while the fourth bedroom has a private ensuite bathroom.
Interior photos will be added at completion of this home.
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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 |
|---|---|---|---|
| Aug 20, 2026 | Price Increased |
$524,900
↑ $45K
(9.4%) | |
| Price Increased | |||
| Jan 12, 2026 | Listed by DR Horton Realty of Emerald Coast, LLC | $479,900 | |
| Listed by DR Horton Realty of Emerald Coast, LLC | |||
| Sep 1, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017