488 Polihale Way
About This Property
Step inside to discover high-end details, including luxurious after-market vinyl plank flooring, upgraded hardware and plumbing throughout, and sleek West Elm lighting that adds a designer touch. Every inch of this home has been thoughtfully upgraded for style and function.
But what truly sets this property apart is its long-term investment potential. Located just 8 minutes from the exciting, planned development at Santa Barbara and Davis, you'll soon enjoy the convenience of a brand-new Costco, Whole Foods, and an upscale shopping center. All positioned to enhance both your lifestyle and property value. This area is on the verge of a transformation that promises to elevate the community's appeal while securing your investment in an area primed for growth.
The magic doesn't stop there. Positioned on a unique lot with a 60-foot setback, this is the only home on the street with no direct neighbors, offering unparalleled privacy. The fully fenced-in yard boasts western exposure, so you can unwind with breathtaking sunsets every evening. And with the home backing up to a utility easement, you'll have the peace of mind knowing that no one can ever build behind you. Leaving your partial lake views and lush landscaped surroundings intact.
Nestled near the back of the community, this home offers a quiet, neighborly atmosphere with no through traffic to disrupt the tranquility. There's also ample space to bring your outdoor vision to life. Pool, a garden oasis, or whatever your heart desires.
They say you can change your fixtures, but not your location. And with a lot like this in a community on the rise, you've truly found the best of both worlds. Don't miss your opportunity to own this one-of-a-kind home that blends modern convenience, serene living, and incredible future potential. Schedule your showing today!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 2, 2026 | No longer available | - | |
| No longer available | |||
| Jun 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Apr 9, 2026 | Price Decreased |
$599,000
↓ $16K
(2.6%) | |
| Price Decreased | |||
| Mar 14, 2026 | Price Decreased |
$615,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Feb 27, 2026 | Listed by Compass Florida LLC | $625,000 | |
| Listed by Compass Florida LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Royal Fakapalm
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,000 /mo
- 3 Beds
- 2 Baths
- 1,771 ft²
$7,500 /mo
- 3 Beds
- 2 Baths
- 1,624 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017