4577 Runabout WAY
About This Property
Inside, you'll find tile flooring throughout the main areas, complemented by fresh carpet in the bedrooms for added comfort. Recently repainted just one month ago, this home feels fresh and modern. The backyard offers a peaceful water view, perfect for unwinding after a busy day. With a brand-new roof and a low HOA fee of only $69, you can enjoy peace of mind and affordability. The community also features a refreshing pool to cool off on warm Florida days.
This property combines a serene community atmosphere with convenient access to major routes and local attractions. Don't miss this amazing opportunity!
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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 |
|---|---|---|---|
| Dec 3, 2024 | Sold | ||
| Sold | |||
| Nov 9, 2024 | In contract | - | |
| In contract | |||
| Nov 5, 2024 | Price Decreased |
$399,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Nov 1, 2024 | Price Decreased |
$404,900
↓ $13K
(3.1%) | |
| Price Decreased | |||
| Oct 19, 2024 | Price Decreased |
$417,900
↓ $6K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017