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3572 CAPLAND AVENUE
About This Property
Welcome to one of the most uniquely positioned homes in Kings Ridge-set on a premium oversized lot in one of the community's highest elevations, offering peaceful views of the golf course just beyond your backyard. New roof in Feb 2018, new HVAC system in March 2021 and water heater Aug 2025.
Unlike many homes in the neighborhood, this property provides rare outdoor space, privacy, and an open, airy feel that's hard to find.
Inside, the home features 2 bedrooms, 2 bathrooms, and a versatile bonus room-perfect for a home office, hobby space, or guest overflow. Major systems have been thoughtfully updated, including a newer roof (approx. 7 years), HVAC (4 years), and water heater (1 year), offering peace of mind for years to come. All brand new stainless steel appliances installed in 2025
The home is clean, well-maintained, and move-in ready, while also presenting an opportunity for a buyer to personalize finishes over time and add value.
Kings Ridge - a 55+ gated golf community has to offer, including gated security, golf, clubhouse amenities, and a vibrant active lifestyle community. Enjoy the Kings Ridge Royal life style in the multimillion $ clubhouse with 3 heated pools, spas, tennis & pickle ball courts, billiards, shuffle board, shows, Bingo, cards and clubs galore. The monthly maintenance fees include: lawn maintenance including trimming of shrubs, care of irrigation system & irrigation water, Spectrum for internet & cable TV, maintenance of roads and outside painting of home every 7 years. Take your golf cart to the Kings Ridge Plaza where you can do your grocery shopping, banking or dine out..
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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 |
|---|---|---|---|
| Jun 15, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 26, 2026 | Price Decreased |
$337,500
↓ $20K
(5.6%) | |
| Price Decreased | |||
| Mar 14, 2026 | Price Decreased |
$357,500
↓ $12K
(3.1%) | |
| Price Decreased | |||
| Oct 2, 2025 | Listed by REAL BROKER, LLC | $369,000 | |
| Listed by REAL BROKER, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017