51
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39850 Regency Way
About This Property
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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 |
|---|---|---|---|
| Jun 16, 2026 | Listed by HomeSmart | $615,000 | |
| Listed by HomeSmart | |||
| Dec 3, 2025 | Price Decreased |
$615,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Oct 1, 2025 | Price Decreased |
$630,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Sep 25, 2025 | Listed | $644,999 | |
| Listed | |||
| | |||
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**MOTIVATED** This spacious two-ensuite-bed, bed/bath combo home sits on a beautifully landscaped .27-acre lot and is located in a safe, quiet, and well-maintained gated community. New wood laminate flooring has been installed in both suites, the living room, and the dining room. The kitchen has a new refrigerator with an ice maker/water dispenser and a stove with a convection /air fry oven. New 11.6 KW solar system includes two Tesla 3 wall batteries and an assumable loan with low payments. The garage has been renovated with newly painted walls, heavy-duty shelves, and an epoxy floor. The garage doors have new floor seals to keep out rain and heat. Large backyard for kids, dogs, or entertaining. The HOA fees include internet and TV services provided by Frontier Communications. Close to shopping, great restaurants, and golf courses with easy access to the I-10 FWY.
| |||
| Aug 30, 2025 | Price Decreased |
$659,999
↓ $15K
(2.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017