566 Hillcrest Drive
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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Listed by Parkway Real Estate Co. | $495,000 | |
| Listed by Parkway Real Estate Co. | |||
| | |||
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Stunning Custom Modern Farmhouse – Move-In Ready! Welcome to your dream home! This brand-new custom modern farmhouse combines timeless charm with contemporary style. From the moment you step inside, you'll feel an immediate sense of comfort and warmth. The open-concept floorplan is both inviting and stylish, featuring upscale luxury vinyl plank (LVP) flooring throughout. A striking custom wood accent wall creates a cozy focal point in the living area—perfect for showcasing your big-screen TV. The heart of the home is the show-stopping oversized kitchen island, complete with a butcher block countertop and abundant storage. The kitchen boasts soft-close cabinetry, gleaming white vein quartz countertops, and premium GE stainless steel appliances—including a sought-after gas stove.Adjacent to the kitchen, you'll find a spacious walk-in pantry and a thoughtfully designed drop zone with a built-in storage bench—perfect for staying organized. All bedrooms are generously sized, with the primary suite tucked away at the rear of the home for added privacy. Enjoy direct access to the backyard and covered patio through your own sliding glass door. Both bathrooms are beautifully appointed with custom vanities, quartz counters, and unique designer fixtures that add a touch of luxury. The oversized garage is bright and airy, thanks to large windows that let in natural light. The fully fenced property offers RV access—ideal for storing your boat, camper, or other toys. This home truly has it all. Come see it in person—you won’t be disappointed!
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 7, 2021 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017