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408 RUSTIC MILL Drive
About This Property
The open-concept floor plan is enhanced by wood-like LVP & plantation shutters throughout, creating a bright and elegant atmosphere for everyday living & entertaining. The gourmet kitchen boasts an extra-large island, stainless steel appliances, and abundant storage. Dual owner's suites offer walk in closets and relaxing en suites.
Step outside to the covered & extended, pavered lanai to enjoy peaceful mornings or relaxing evenings. Additional upgrades include wood trim accents, fenced in yard, and a new Generac generator for peace of mind. The 2.5 car garage provides plenty of room for 2 cars & a golf cart, workshop, or extra storage.
gated community; resort style amenities-clubhouse, pools, fitness center, dog parks & more
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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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Price Decreased |
$549,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$554,900
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Feb 12, 2026 | Listed by REAL BROKER LLC | $559,900 | |
| Listed by REAL BROKER LLC | |||
Property Highlights
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Price/ft²
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About World Golf Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017