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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%.
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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.
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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 3, 2025 | Sold | ||
| Sold | |||
| Jun 6, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed by ESTELA REALTY LLC | $399,900 | |
| Listed by ESTELA REALTY LLC | |||
| | |||
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Under Construction. BUILDER WILL CONTRIBUTE UP TO $15,000 TOWARDS BUYERS CLOSING COSTS/PREPAIDS AND/OR A MORTGAGE RATE BUYDOWN (with a preferred lender). Heron- Beautiful New Construction in an established neighborhood! OUR FAMOUS HERON MODEL WITH A 3 CAR GARAGE!
Once you walk past the stone front facade and see the soaring 9+ foot ceilings and the extra-large (8 foot) slider you won't want to leave! The beautiful kitchen is a cook's dream. Quartz counters atop solid wood cabinets with soft closed doors and drawers with elegant hardware. A center island completes this dream room. You won't believe the huge pantry and laundry areas tucked away and out of sight. The Primary bedroom is spacious and has a top tier bathroom with a tiled walk-in shower, dual sinks and a massive walk-in closet and separate toilet room. There are 3 more spacious bedrooms. The entire family can comfortably spread out in the expansive great room. There is solid surface flooring throughout the home for easy cleaning. Upgraded raised height vanities and toilets in all bathrooms. Extra-large covered lanai for enjoying the Florida weather. Don't miss out on this incredible opportunity to own this beautiful home. Call Today!!! Come visit us at our model home at 159 Bird of Paradise.
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| Nov 26, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017