4740 ROYAL DORNOCH CIRCLE
About This Property
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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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| May 27, 2025 | Listed by KELLER WILLIAMS ON THE WATER S | $849,500 | |
| Listed by KELLER WILLIAMS ON THE WATER S | |||
| Apr 1, 2025 | Price Decreased |
$935,000
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Dec 19, 2024 | Listed | $950,000 | |
| Listed | |||
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One or more photo(s) has been virtually staged. This exceptional home, located in the maintenance-free Rosedale community, offers a well-designed 2-bedroom, 2-bath split floor plan in the main house, plus a private, detached Casita ideal for multi-generational living or as an elegant guest suite. The Casita includes its own living area, bedroom, bathroom, and a serene courtyard with an outdoor gas fireplace, providing a cozy retreat. The open-concept living space flows seamlessly from the spacious great room to a covered lanai, offering stunning views of the infinity pool and peaceful wetland area. The great room features custom built-ins and a granite accent wall, creating a welcoming atmosphere for both relaxation and entertaining. The gourmet kitchen boasts wood beams, tray ceilings, crown molding, and high-end stainless steel appliances. A double island, granite countertops, and pendant lighting combine style and functionality, making it an ideal space for cooking and socializing. The master suite is a luxurious retreat with a walk-in closet, tray ceiling, and a spa-like bathroom featuring a marble walk-in shower, dual sinks, and abundant natural light. A private courtyard, accessible via sliding glass doors, extends the living space outdoors, complete with an outdoor gas fireplace for added charm. Rosedale is a maintenance-free community with a mandatory social membership and an optional golf membership. The social membership grants exclusive access to a beautiful clubhouse, a junior Olympic-sized heated pool, tennis courts, and a state-of-the-art fitness center. With its thoughtful design, high-end finishes, and seamless integration of indoor and outdoor living, this model home blends luxury, comfort, and functionality for an exceptional living experience. Don’t miss out—schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017