48908 Heifitz Drive
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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%.
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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.
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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | Listed by HomeSmart | $735,000 | |
| Listed by HomeSmart | |||
| Sep 30, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by Gallery Marketing Group, Inc. | $825,000 | |
| Listed by Gallery Marketing Group, Inc. | |||
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Upgraded pool home in the Royal Vista neighborhood of Indian Palms Country Club. Premium location with one of the most beautiful locations on a newly designed greenbelt with water feature. The improvement/upgrade list is lengthy for both the interior and exterior. A full $70K solar system installed in 2008, electronic security/sunshades on South side of home and full electronic awnings on East side of home. Custom built in BBQ island, fire pit and pebble tec pool and spa make this an inviting backyard. Beautiful white plantation shutters throughout the home. The open floorplan features 3 bedrooms, one is currently set up as office. 3 full bathrooms and large interior laundry with upper and lower cabinetry. Solar tubes make this a light and bright kitchen enhanced with white cabinetry and a custom bar area for additional storage and enjoyment. Home is short term rental approved and fully furnished. Perfect for your vacation rentals or a home to enjoy for yourself. Low HOA dues include full yard maintenance, Pickle ball, tennis and bocce courts, community pools and spas and an active Lifestyle fitness center. Welcome to the neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017