391 CABELLO DRIVE
About This Property
Recent Upgrades & Features (˜$100K+)
New plush carpet throughout
2 NEW A/C units + UV air handlers (transferable warranties)
Whole-home Generac generator (transferable warranty)
GE Profile kitchen appliances; custom cabinet makeover
Built-in closet organizer; whole-house water filtration
Fresh interior paint; designer decor & themed bedrooms
New sod/plantings/mulch; curb appeal refresh
Outdoor & Layout Highlights
Screened, heated pool + covered lanai
Peaceful water + conservation views
Open-concept kitchen/living/dining
Main-floor 3 bedrooms + full bath
Bonus room/home gym (equipment conveys)
Upstairs media/theater room + loft
4 en-suite bedrooms (one bath also hall-entry)
Community & HOA
Resort clubhouse, lounge & activities
Zero-entry pool, fitness center
Playground, sand volleyball, basketball
Putting green & walking trails
HOA includes: internet, cable, lawn care, 24/7 gated security
Listed By
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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 |
|---|---|---|---|
| Sep 11, 2026 | Price Decreased |
$564,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Jun 21, 2026 | Price Decreased |
$565,000
↓ $18K
(3.1%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$583,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Feb 10, 2026 | Price Decreased |
$588,000
↓ $2K
(0.3%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$590,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017