3648 JULIUS ESTATES BOULEVARD
About This Property
The kitchen is organized for practical use, featuring dark cabinetry, laminate countertops, and essential appliances. A cozy breakfast nook sits beside a set of windows, making it a convenient spot for casual meals. The pass-through to the living area adds functionality while keeping the space open.
The primary bedroom includes a walk-in closet and its own private bathroom with a walk-in shower and separate toilet area. Two additional bedrooms share a full hallway bathroom, giving the home a balanced and efficient layout suited for a variety of needs.
With a backyard overlooking the water and enough outdoor space for everyday use, the property offers a calm setting while remaining easy to maintain. Its straightforward design and well-kept interior make it a solid option for those looking for dependable, comfortable living.
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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 26, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Listed by KELLER WILLIAMS REALTY SMART 1 | $265,000 | |
| Listed by KELLER WILLIAMS REALTY SMART 1 | |||
| Oct 14, 2025 | Price Decreased |
$264,000
↓ $1K
(0.4%) | |
| Price Decreased | |||
| Sep 5, 2025 | Relisted | $265,000 | |
| Relisted | |||
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About Lake Smart Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017