607 CASPIA Lane
About This Property
Nestled in a peaceful cul-de-sac with only 12 homes, this stunning residence offers 3 bedrooms, 2 additional guest suites, an office/den, and 3 full bathrooms. The open-concept layout is beautifully enhanced by wood floors throughout the main areas, tile in the wet zones, and no carpet. A dedicated 3-car garage, with one bay specially designed for a golf cart or extra storage, adds to the home's exceptional appeal. The chef-inspired kitchen is a true highlight, featuring a large island, 42'' maple cabinets, upgraded stainless steel appliances, granite countertops, and a spacious walk-in pantry. The bright and inviting breakfast nook, surrounded by large windows, is the perfect place to start your day. Entertain or unwind in the expansive 37' x 14'7" fully screened lanai, accessed via triple nesting slider doors that seamlessly connect the indoor and outdoor living spaces. Enjoy serene preserve views in your fully fenced backyard, offering maximum privacy and peace. The luxurious primary suite features custom closet built-ins, a curbless glass walk-in shower with grab bars, a double vanity, and a convenient laundry shoot directly from the closet. The two guest suites are equally impressiveone boasts a private ensuite bathroom and a walk-in closet, offering guests a personal retreat. Recent updates include a new HVAC system (2022), a new hot water heater with an instant hot water system (2023), and exterior painting in 2019. This meticulously maintained home is designed for comfort, style, and functionality, offering a rare opportunity to own a piece of paradise in one of the area's most desirable communities. Don't miss outschedule your tour today!
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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 |
|---|---|---|---|
| Jun 27, 2025 | Sold | ||
| Sold | |||
| Jun 2, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Decreased |
$769,900
↓ $30K
(3.8%) | |
| Price Decreased | |||
| Apr 15, 2025 | Price Decreased |
$799,900
↓ $50K
(5.9%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by RE/MAX UNLIMITED | $849,900 | |
| Listed by RE/MAX UNLIMITED | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017