49024 Biery Street
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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 |
|---|---|---|---|
| Jun 25, 2025 | Sold | ||
| Sold | |||
| May 23, 2025 | In contract | - | |
| In contract | |||
| Mar 23, 2025 | Listed by Empire Real Estate Properties | $480,000 | |
| Listed by Empire Real Estate Properties | |||
| Jun 28, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by HomeSmart | $529,000 | |
| Listed by HomeSmart | |||
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As you enter the lovely enclosed courtyard of this gorgeous home, on the golf course at Indian Palms Country Club, you can't help but notice the zen-like feel of this one-of-a-kind property. Passing through the lush covered courtyard, the feeling continues as you enter the foyer of this beauty. Boasting a generous gourmet Kitchen with large breakfast bar, an open dining area and Great Room surrounded by windows, leading to an enclosed back yard, this home truly brings the outdoors in! The light-filled property offers a generous Main Bedroom Retreat, with walk-in closet, jetted tub and separate shower, overlooking the lush garden; as well as a Guest Bedroom with great separation from the Main Bedroom. The Golf Cart Garage has been converted to a private office, where the family dog, 'Raider' holds court in his kennel. This lovely home offers multiple places to sit, relax, have a cup of tea or glass of wine, read a book, or just meditate in the gorgeous surroundings. Indian Palms Country Club offers 3 9-hole championship golf courses, tennis, pickleball, bocce ball, and much more. It is located adjacent to Empire Polo Ground, home of Coachella Fest, Stagecoach, and World Class Polo! This property is approved for short-term rentals, making it attractive for investors and snowbirds alike. Golf Cart included in Purchase. Call now for an appointment to see this home ...It will not last!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017