470 APPALOOSA Avenue
About This Property
Numerous upgrades abound throughout this home including 8 foot doors, designer lighting and fans, upgraded bathrooms, custom primary closet, level 2 EV charger, and putting green. Nothing for you to do but move in and enjoy the fruits (and expense) of someone else's lab A large 3 car garage with polished floors open up to a wide paver driveway allowing parking for 9 vehicles.
A paid off, recently installed 56-panel rooftop solar system with Tesla Powerwall 3 backup storage easily provides enough power for the average homeowner to cover all electric costs even when using the pool heat pump and regularly charging a fullsize EV and electric golf cart.
The enclosed pool and entertainment area features panoramic screens allowing you to immerse yourself in the nature that surrounds you while being protected from the elements. The 3 year new heated pool features a fleckstone coating and salt system that you can control from your phone.
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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 |
|---|---|---|---|
| Apr 13, 2026 | Sold | ||
| Sold | |||
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Feb 22, 2026 | Listed by FUTURE HOME REALTY INC | $950,000 | |
| Listed by FUTURE HOME REALTY INC | |||
| Jul 13, 2022 | Sold | ||
| Sold | |||
| May 2, 2022 | Listed by FUTURE HOME REALTY INC | $834,000 | |
| Listed by FUTURE HOME REALTY INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017