1
Map
499 LONGWOOD DRIVE
About This Property
Recent improvements offer comfort, durability, and peace of mind, including a new carport built to current standards, metal roof, new gutters and downspouts, and pavers surrounding the perimeter of the home. Inside, you'll find dual-pane, easy-clean windows, 3/4 inch subfloor with additional 1/2" Plywood throughout the unit making the floors extra solid, all covered with a commercial-grade luxury vinyl plank flooring for a modern, cohesive look.
The kitchen features a new refrigerator and range, while updates continue throughout the home with newer vanities, sinks, and shower heads, a re-piped plumbing system, and an updated electrical panel. Comfort is enhanced with an HVAC system and dehumidifier (2016). A large shed provides excellent additional storage.
One of Sandalwood's greatest advantages is its low fees and spacious homesites, offering privacy and room to breathe-rarely found so close to town and the Gulf. This move-in-ready property combines thoughtful upgrades, solid construction, and an unbeatable location.
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017