741 KANUGA Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Mar 10, 2025 | In contract | - | |
| In contract | |||
| Jan 5, 2025 | Listed by The Corcoran Group | $1,899,000 | |
| Listed by The Corcoran Group | |||
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This charming 1937 home was entirely remodeled in 2022 with a thoughtfully modern interior that radiates calm and warmth. The original vaulted pecky cypress ceiling blends wonderfully with the new open-concept design, creating a grand feel that encompasses the living, dining, and kitchen areas.
A large central island with softly rounded edges is the focal point of the kitchen - perfect for casual dining and food preparation. Interior closets and functional spaces are so well designed that they discreetly blend right in, and there is simply a wealth of storage areas. Two bedrooms and a bath are to the right, and to the left are the spacious master suite and bath. In the master suite and elsewhere the window blinds are electronically controlled and programable to a schedule of your ..... choosing. If you like to watch movies in bed the master suite hides a 120" built-in movie screen that descends from the ceiling at the touch of a button. If you prefer to read, the suite also has a peaceful built-in reading nook overlooking the lush backyard. Continuing down a center hall takes you to a spacious 25.5'x18' covered patio ideal for entertaining. Beyond that are the gas-heated pool, verdant yard, tropical outdoor shower, and BBQ area. With these amenities and an ideal location, this home is perfect both for your enjoyment or the short-term rental market. All openings are impact-resistant (except for the gable window at the vaulted ceiling which has its own hurricane protection). With entirely new plumbing, electrical, HVAC, and roof this home allows you to enjoy a blend of modern convenience in this charming historical neighborhood. Light, bright, and warmth say it all.
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| May 14, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | No longer available | - | |
| No longer available | |||
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About Flamingo Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017