80
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7559 Monticello Way
About This Property
Avalon Estates offers an exceptional lifestyle with resort-style amenities and a vibrant social scene. HOA dues include landscaping, high-speed internet, cable with premium channels, exterior house painting and pressure washing, roof cleaning and 24/7 manned gated entry. At the heart of Avalon Estates is the 18,000 sq. ft. clubhouse, a hub of activity featuring a heated pool with a covered pool area, a hot tub, and a state-of-the-art fitness center with an aerobics studio, free weights. Residents can enjoy a billiards room, live performance theater, arts & crafts studio, and multiple card rooms. For those who love outdoor recreation, Avalon Estates boasts 5 Har-Tru tennis courts, bocce, shuffleboard, a putting green, and 2 pickleball courts, with an expansion to 6 pickleball courts coming in Fall 2025. There's even a play area for visiting grandchildren. With an on-site social director and a variety of clubs and activities, there's always something to do, whether you're looking for fitness, entertainment, or community connection.
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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 |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Jun 9, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Relisted | $515,000 | |
| Relisted | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Apr 1, 2025 | Listed by RE/MAX Direct | $799,900 | |
| Listed by RE/MAX Direct | |||
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About Avalon Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017