5617 Soft Shell Drive #384
About This Property
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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Price Decreased |
$550,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jul 19, 2025 | Listed by Helen Adams Realty | $560,000 | |
| Listed by Helen Adams Realty | |||
| | |||
|
Looking for new construction without the wait? This well appointed Lennar home, built in 2024, is ready for its new owners! Walk into the spacious foyer to find a private office and dining room to the left. Continue through the home into the large open floor plan! Luxury vinyl plank flooring covers the main floor. This gourmet kitchen will impress you and your guests with its double oven, gas cooktop, and HUGE island with quartz countertops! Upstairs you will find 4 spacious secondary bedrooms, laundry room and lovely primary bedroom. The primary bathroom has double sinks, large shower and walk-in closet. Sip sweet tea on the front covered porch or on the back patio! The home sits on a west facing lot that backs to a wooded area. Enjoy all the amenities this neighborhood has to offer such as two outdoor pools, walking trails, tennis courts and a playground!
| |||
| Nov 21, 2024 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2025
|
5 Bed
|
3 Bath
|
2915 ft²
|
$560,000
5 Bed
3 Bath
2915 ft²
|
$530,000
-5.36%
12/11/2025
|
Stacey Dixson
Helen Adams Realty
| |
|
08/01/2024
|
4 Bed
|
4 Bath
|
2964 ft²
|
$529,999
4 Bed
4 Bath
2964 ft²
|
$529,999
11/21/2024
|
Lee Anne Barbrey
Lennar Sales Corp
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017