605 Albarella
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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Drayton Realty, LLC | $499,700 | |
| Listed by Drayton Realty, LLC | |||
| Jun 19, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 11, 2025 | Listed by Keller Williams City-View | $520,000 | |
| Listed by Keller Williams City-View | |||
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Welcome to this gorgeous 4-bedroom, 3.5-bath residence nestled in the sought-after Turning Stone community. Spanning approximately 3,144 square feet, this home seamlessly blends luxury with functionality, offering an ideal setting for both everyday living and upscale entertaining. Key Features include: Spacious Layout: Enjoy an open-concept design with soaring ceilings, abundant natural light, and thoughtfully arranged living spaces that cater to modern lifestyles. Gourmet Kitchen: The chef's kitchen boasts granite countertops, stainless steel appliances, dual ovens, a large center island, walk-in pantry and ample cabinetry-perfect for culinary enthusiasts and hosting gatherings. Luxurious Primary Suite: Retreat to the expansive primary bedroom featuring a spa-like ensuite with dual vanities, a soaking tub, separate shower, and a generous walk-in closet. Versatile Spaces: A dedicated home office, media room, and huge upstairs game room provide flexible options for work, relaxation, and entertainment. Outdoor Oasis: Step outside to a covered & screened in patio overlooking a well-maintained backyard-ideal for outdoor dining and leisure. Other Features: Two HVAC units with dual zones, two hot water heaters, water softener, and dual access attic (walk-in & pull-down). Community Amenities: Residents of Turning Stone enjoy access to a resort-style pool, clubhouse, playgrounds, and sports courts, fostering a vibrant and active community atmosphere. This home also offers a 2.25% assumable VA loan with a $320K balance. Located within the acclaimed Schertz-Cibolo-Universal City ISD and just minutes from shopping, dining, major highways, and Randolph Air Force Base, this home offers the perfect blend of comfort, convenience, and elegance. Experience the charm and sophistication of this exceptional property-schedule your private tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017