417 Caravelle Drive
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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%.
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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.
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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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by Nicklaus Vance | $1,650,000 | |
| Listed by Nicklaus Vance | |||
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Welcome to this beautifully crafted 5-bedroom / 4-bathroom home nestled in the picturesque Martinique community of Abacoa. This home is provides ample space for hosting holiday gatherings or enjoying intimate family nights in the cozy, casual living room. Outside, your own private paradise awaits. Immerse yourself in the tranquility of the DVR designed oversized heated saltwater pool, complete with a sun shelf and cascading waterfall and enjoy the outdoor dining area with retractable awning. The expansive fenced backyard provides the perfect backdrop for outdoor entertainment, offering plenty of space for children and pets to play freely. The kitchen is set up for entertaining and active schedules, boasting SS appliances, ample counter space and plenty of storage. With a convenient downstairs bedroom and full bathroom, this home effortlessly accommodates guests or provides the ideal setup for multi-generational living arrangements. Also located downstairs is a dedicated office space, perfect for those that work from home. Upstairs, four additional bedrooms and three full bathrooms offer ample space and comfort for the entire family, making this residence the epitome of family-friendly luxury. Don't miss your opportunity to call this Martinique masterpiece your own! Quiet location within Martinique and a short walk to the "tot-lot" playground and clubhouse/neighborhood pool. AC units replaced in 2021 and 2022. Water Heater replaced in 2021. Primary Bath renovated in 2022. Kitchen renovated in 2018. Impact rated screens on back patio and partial impact windows.
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| Apr 19, 2017 | Sold | ||
| Sold | |||
| Feb 2, 2017 | Listed by The Corcoran Group | $729,900 | |
| Listed by The Corcoran Group | |||
| Dec 18, 2008 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017