5531 Old Ranch Road #49
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 |
|---|---|---|---|
| Sep 22, 2026 | Price Decreased |
$669,500
↓ $11K
(1.5%) | |
| Price Decreased | |||
| Aug 26, 2026 | Listed by Redfin Corporation | $680,000 | |
| Listed by Redfin Corporation | |||
| |||
|
PRICED TO SELL!!! Welcome to this move-in-ready townhome situated on a premium lot with beautiful views of the community pool and park! Designed for comfortable indoor-outdoor living, this upgraded home features an expansive private patio plus a second-story balcony off the primary bedroom, creating the perfect spaces to relax or entertain. Inside, the thoughtfully upgraded kitchen showcases custom cabinetry, ample storage, and new appliances, while durable finishes and carefully selected updates create a fresh, modern feel throughout. The spacious living area features a custom built-in entertainment center, and a whole-house fan adds to the home's comfort and efficiency. Additional conveniences include an upstairs laundry closet with washer and dryer, a Murphy bed for flexible guest accommodations, and an attached two-car garage with EV charger. Enjoy the added benefit of a premium location within the community, with peaceful pool and park views and easy access to local parks, shopping, dining, and the beach. With its desirable setting, thoughtful upgrades, and move-in-ready condition, this townhome offers an exceptional opportunity to enjoy a comfortable coastal lifestyle.
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| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 13, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Price Decreased |
$689,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/30/2025
|
3 Bed
|
2 Bath
|
1365 ft²
|
$675,000
3 Bed
2 Bath
1365 ft²
|
$662,500
-1.85%
08/29/2025
|
Morgan Brown
Morgan Brown Real Estate, Inc
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017