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408 Azurite DR
About This Property
The downstairs features upgraded wood-look vinyl plank flooring and an open floor plan, perfect for entertaining. On the first floor, you'll also find a convenient half bath and a separate utility room, as well as enhanced lighting and a ceiling fan.
The kitchen includes a bar-height seating area, a built-in microwave, an electric range, a brushed nickel pull-down faucet with a water spigot, a dishwasher, and a pantry for all your storage needs.
Upstairs, the spacious primary suite offers access to the front balcony, making it an ideal spot for morning coffee or evening relaxation. The primary bathroom boasts a single vanity with a cultured marble top, a garden-style tub, a walk-in closet, and upgraded vinyl flooring.
Completing the second floor are two generously sized guest bedrooms, providing ample space for family or visitors. The backyard features a covered patio and backs onto a green space easement, ensuring no shared fence with rear neighbors. There are two pools, a splash pad and parks, there is an additional fee to use the pools and clubhouse through the Sonterra MUD. Additionally the home has a water softener and reverse osmosis system which is a bonus for buyers.
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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 |
|---|---|---|---|
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 9, 2026 | Relisted | $189,900 | |
| Relisted | |||
| Sep 6, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 2, 2026 | Price Decreased |
$189,900
↓ $10K
(5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017