544 ENREDE Lane
About This Property
Welcome home to this stunning 4-bedroom, 4-bathroom residence located in the desirable community of Palencia! This home features a spacious open floor plan with a grand entrance. The kitchen is equipped with a large center island, double oven, ample cabinets, a gas stove, and a walk-in pantry.
Throughout the main areas and bathrooms, you'll find beautiful porcelain tile flooring. The master bedroom is generously sized, boasting a tray ceiling and abundant natural sunlight, along with his and her closets. The master bathroom features dual vanities and a walk-in shower with dual shower heads.
This home includes four full-sized bathrooms for family members and guests. Additional highlights include a whole-house generator, ceiling fans, a separate dining area, a large drop station, an irrigation well, and an epoxy-coated garage floor.
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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 24, 2026 | Price Decreased |
$699,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$709,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| May 30, 2026 | Price Decreased |
$714,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| May 20, 2026 | Price Decreased |
$719,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| May 13, 2026 | Price Decreased |
$729,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017