4004 WINDERMERE WAY
About This Property
Set on a level 1.63-acre lot, this home has been thoughtfully updated with more than $60,000 in improvements, including a brand-new roof, fresh paint, luxury vinyl plank flooring on all three levels, and a completely redesigned kitchen.
The main level features a dramatic two-story foyer, 9-foot ceilings, spacious formal living and dining rooms, and a gorgeous new kitchen with 42" white cabinetry, quartz countertops, stainless steel appliances, a center island with microwave base cabinet, and a modern open flow to the family room with a decorative fireplace. From the breakfast area, sliding glass doors open to a Trex-style deck and private rear yard-perfect for morning coffee, summer barbecues, or simply unwinding in nature. A convenient laundry room and oversized three-car garage complete this level.
Upstairs, the expansive primary suite offers a walk-in closet and spa-inspired bath, accompanied by three additional bedrooms and a full hall bath.
The fully finished lower level is designed for entertaining and everyday living, featuring a spacious recreation room with new LVP flooring, recessed lighting, a full bath, freshly painted walls, generous storage, a utility room, and a walkout to the side/rear yard.
With three finished levels, modern upgrades, and abundant space both indoors and out, this move-in ready home is perfect for hosting gatherings, entertaining friends and family, or simply enjoying a comfortable lifestyle. A true blend of charm, function, and style-this is the home you've been waiting for.
Since October 2022, this property has undergone several major upgrades and improvements totaling over $165,000. The updates began with radon mitigation in October 2022 and a new roof in December 2022. In early 2023, the home received attic insulation (March) and new doors and windows in April, with the windows being a significant investment. Soffit, fascia, and gutters were replaced in May 2023. In April 2025, the cooling and heating system was upgraded. The most recent renovations, completed between July and August 2025, include a kitchen remodel, new flooring, and garage doors.
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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 30, 2025 | Sold | ||
| Sold | |||
| Nov 1, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Relisted | $800,000 | |
| Relisted | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Sep 19, 2025 | Listed by Long & Foster Real Estate, Inc. | $800,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017