6218 CRANBERRY DRIVE
About This Property
The chef's kitchen is a dream with 42" cherry cabinets, a large island, a pantry, and a breakfast nook overlooking the lanai and sparkling pool. Sliding doors connect the family room to the outdoor oasis, complete with a 30' x 14' waterfall pool and separate spa-ideal for entertaining or relaxing.
The spacious primary suite offers a private retreat with a walk-in closet, a spa-like bathroom with a garden tub, and double vanities. Many upgrades in 2023-24 including roof, HVAC, water heater, insulation, garage door openers, pool pump, new screens, gutters, and more, ensuring peace of mind.
Enjoy community amenities like a private neighborhood boat launch and fishing pier, clubhouse, tennis courts, and playgrounds. This home has not sustained hurricane damage or flooding, and the sellers are ready to pass it on to new owners. Schedule your private tour today and fall in love with the coastal lifestyle!
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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 26, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Price Decreased |
$735,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Sep 28, 2024 | Price Decreased |
$749,900
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Aug 17, 2024 | Price Decreased |
$760,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017