4849 Indian Creek Drive
About This Property
The beautifully finished lower-level walkout is a standout feature, newly remodeled and offering incredible versatility. It includes two non-conforming bedrooms, expansive family room, full kitchen, and full bath. Outdoors, enjoy a sprawling deck, oversized lot, basketball court and brand new roof!
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by ERA Reardon Realty, L.L.C. | $608,900 | |
| Listed by ERA Reardon Realty, L.L.C. | |||
| Jan 1, 2026 | No longer available | - | |
| No longer available | |||
| Dec 30, 2025 | Withdrawn | - | |
| Withdrawn | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017