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4855 Borealis
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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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Sep 1, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Listed by Compass Florida, LLC | $450,000 | |
| Listed by Compass Florida, LLC | |||
| | |||
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Set in the sought-after Pineda Ridge community, this 3-bedroom, 2-bath home delivers 1,869 sq ft of style & comfort behind secure gated entry. The interior feels bright & open with vaulted ceilings, thoughtful built-ins, and an island kitchen that invites easy gathering. The primary suite boasts a walk in closet and an en-suite complete with a dual sink vanity & full tiled walk-in shower, while the split layout gives guests privacy of their own. Step outside to your private retreat, where a screened lanai frames the electric heated pool—perfect for year-round swimming and Florida sunsets. With abundant natural light, and a seamless indoor-outdoor flow, every detail enhances daily living. Best of all, the home's central position places you minutes from beaches, shopping, dining, and major roadways—making it a rare blend of comfort, convenience & lifestyle.
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| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Nov 15, 2023 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
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About Pineda Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017