38
Map
540 Scrubjay Trl
About This Property
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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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Feb 7, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Price Decreased |
$995,000
↓ $80K
(7.4%) | |
| Price Decreased | |||
| Sep 14, 2024 | Price Increased |
$1,075,000
↑ $80K
(8%) | |
| Price Increased | |||
| Aug 29, 2024 | Listed by HomeSmart | $995,000 | |
| Listed by HomeSmart | |||
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Better than new! This Toll Brothers ranch home, with considerable upgrades, still competes with builder's pricing. Start with a truly usable low maintenance backyard, includes an extended patio area with gas line for grill and fire pit, paver walkways on both sides of the home, dog area, planting beds with trees, bushes, perennials and fencing. A custom entertainment bar in the great room, Subzero wine refrigerator, cabinets and sink, makes this home an entertainer's dream come true. A gourmet kitchen, extra large center island, custom built coffee bar. Pullouts in all lower cabinets, Thermador microwave drawer and Cove dishwasher were added features to make this an amazing kitchen that will stand the test of time. The primary bedroom suite boasts a spacious walk-in closet with built ins for maximum use, including drawers and laundry bins. Additional upgrades include, Hunter Douglas window coverings, most are motorized. The Regency at Montaine is a 55+ community has a Colorado resort style clubhouse that includes a fitness center, pool, tennis and pickle ball courts. Close to shopping, restaurants, hiking and biking trails. Conveniently located 5 minutes south from Downtown Castle Rock, This home makes living easy!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017