4501 Mainland Dr
About This Property
The home boasts an upgraded kitchen with modern finishes, along with updated bathrooms that add comfort and style. Bright living areas offer plenty of natural light, creating a warm and welcoming atmosphere throughout.
Enjoy low-maintenance living in a peaceful, established community designed for active adults. Perfect opportunity for year-round living or seasonal enjoyment.
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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 |
|---|---|---|---|
| Oct 21, 2026 | In contract | - | |
| In contract | |||
| Oct 9, 2026 | Price Decreased |
$226,000
↓ $74K
(24.6%) | |
| Price Decreased | |||
| Oct 7, 2026 | Relisted | $299,900 | |
| Relisted | |||
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| May 2, 2026 | Listed by Home Value Realty, LLC | $237,500 | |
| Listed by Home Value Realty, LLC | |||
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About Tamarac
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$1,850 /mo
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- 1,085 ft²
$3,500 /mo
- 3 Beds
- 2 Baths
- 1,516 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017