574 MANDERLEY RUN
About This Property
The interior features an open and inviting floor plan with vaulted ceilings and abundant natural light. The recently updated kitchen is a chef's dream, complete with sleek countertops, custom cabinetry, double ovens and a built-in Sub-Zero refrigerator. The master suite is a serene retreat, boasting a newly remodeled spa-like bathroom with dual vanities, a walk-in shower, and premium finishes.
The screened lanai and pool area provide the perfect setting for outdoor entertaining or relaxing while enjoying picturesque views of the lake. Additional features include a convenient half bathroom for guests, a two-car garage, and beautiful landscaping that enhances the home's curb appeal.
Located near top-rated schools, shopping, dining, and major highways, this property offers the perfect combination of luxury, comfort, and convenience.
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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 |
|---|---|---|---|
| Mar 19, 2025 | Sold | ||
| Sold | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Relisted | $525,000 | |
| Relisted | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 30, 2025 | Relisted | $525,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017