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425 MONACO DRIVE
About This Property
The open kitchen features beautiful stone countertops, a three-seat breakfast bar and seamless flow into the main living area. A charming dinette surrounded by bay windows offers additional space for everyday dining or more formal gatherings. The versatile primary suite layout allows the bedroom and adjoining office to be interchanged, providing a flexible design that can adapt to your lifestyle.
Step outside to an expansive lanai created for entertaining and year-round enjoyment. The large heated pool, generous covered and open-air seating areas, and clear-view pool enclosure showcase sweeping views across the meticulously maintained Burnt Store Isles golf course. It is an inviting setting for hosting guests, watching native birds or enjoying colorful sunsets over the fairways.
A split-bedroom floor plan provides privacy, with comfortable guest accommodations including two spacious guest bedrooms and a beautifully updated guest bathroom nearby. Additional highlights include an interior laundry room with a utility sink, large closet and extra storage, plus a spacious garage with epoxy flooring and overhead storage.
Conveniently located near shopping, dining, businesses and major travel routes, this exceptional property combines thoughtful upgrades, flexible living spaces and a remarkable golf course setting. Be sure to view the virtual tours and ask for a copy of the FEATURES SHEET for a full list of upgrades. Schedule your private showing and experience the view, quality and lifestyle this home has to offer.
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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 11, 2026 | Listed by COLDWELL BANKER SUNSTAR REALTY | $649,000 | |
| Listed by COLDWELL BANKER SUNSTAR REALTY | |||
| May 10, 2024 | No longer available | - | |
| No longer available | |||
| Apr 26, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017