553 Meadow Sweet CIRCLE
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 |
|---|---|---|---|
| Oct 11, 2025 | Price Decreased |
$595,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jun 11, 2025 | Price Decreased |
$600,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| May 31, 2025 | Price Decreased |
$610,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| May 15, 2025 | Listed | $625,000 | |
| Listed | |||
| | |||
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Welcome to the Cottages of Rivendell, where pride in homeownership shines through every detail. This charming
community offers a unique slice of Florida living, with beautiful canopy oak trees creating a picturesque setting.
Beyond its natural beauty, you'll discover one of the most welcoming and friendly neighborhoods you'll ever
experience.
An expansive great room with an elegant tray ceiling adds a sense of grandeur and spaciousness to this gorgeous
home. Perfectly designed for entertaining or relaxing, this home features a spacious kitchen updated just two
years ago with stunning black stainless steel appliances. A long breakfast bar and cozy breakfast nook offer plenty
of seating and charm. The entire home has been upgraded with energy-efficient LED lighting and features natural
tones throughout, complemented by stylish luxury vinyl flooring. For peace of mind, hurricane shutters are
included for every opening on the home. Roof 2021
This home is ideally located just a short walk from the Pine View School for the gifted, and located only
5,5 miles from the beach. Plus, enjoy access to the community pool and clubhouse for fun and relaxation.
| |||
| Apr 24, 2023 | Sold | ||
| Sold | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017