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5987 CORAL WAY
About This Property
This is the one you have been waiting for...Walk into your new living room in Sunny Florida with Warm Oak Laminate Flooring and Neutral Decor. Enjoy your Beautiful Kitchen with Light Oak Cabinets, Newer Black Appliances, Tray Ceiling & Ceramic Tile along with a pass-through window to the Dining Area for ease of serving. The Bedrooms are generously sized and feature Newer Vinyl Plank Flooring, New Blinds & Window Coverings. If you love the outdoors, you will enjoy the spacious & fully enclosed Lanai with a Pocket sliding glass door access from the living room, along with windows to open for those fresh air breezes. Also includes access to the outside patio for relaxing alongside nature or basking in the sun. This unit features newer blinds and window coverings along with upgraded ceiling fans. The HVAC was serviced in October 2025, and the association has recently replaced the roofs in the complex, so no worries there. The Maintenance on the exterior of the units & manicuring of the beautiful tropical foliage on the grounds are taken care of by the association. The Primary Suite is equipped with a Queen size Bed and features an En-suite Bath with a shower for the owners' Privacy. There is a nice 2nd Bedroom with a walk-in closet and a Twin Bed, great for guests, or use as an office or extra storage. The Main bath features a Tub/Shower combo along with Upgraded Fixtures and lighting. Come Home and cozy up in this Beautiful Villa! The Unit has recently been painted throughout and includes some nice accent walls.
Now is the time to Retreat to warmer weather! This Gorgeous Villa is available for your Full time Residence or would make a great unit for Snowbirds to Escape Old Man Winter & Enjoy our Florida Sunshine! Prime location just minutes from our World Famous Sandy-White Gulf coast Beaches, Restaurants, Shopping, Banking, Dining and more! The New Bayshore Publix is Now open for your shopping convenience, less than 1 mile away. Friendly Association and Neighbors with a Beautiful Solar Heated Pool and Clubhouse located in close proximity of the unit. Call today for your private showing.
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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 |
|---|---|---|---|
| May 29, 2026 | Sold | ||
| Sold | |||
| Mar 10, 2026 | Price Increased |
$133,500
↑ $15K
(12.2%) | |
| Price Increased | |||
| Nov 11, 2025 | Price Decreased |
$119,000
↓ $8K
(6.3%) | |
| Price Decreased | |||
| Oct 18, 2025 | Price Decreased |
$127,000
↓ $12K
(8.6%) | |
| Price Decreased | |||
| Oct 13, 2025 | Price Decreased |
$139,000
↓ $10K
(6.7%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017