79 Carmel Drive
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 3, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| May 30, 2025 | Price Decreased |
$474,900
↓ $5K
(1%) | |
| Price Decreased | |||
| May 11, 2025 | Price Decreased |
$479,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Apr 23, 2025 | Listed by RE/MAX RESULTS | $484,900 | |
| Listed by RE/MAX RESULTS | |||
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Welcome to 79 Carmel in the Beautiful Rodeo Palms Community! This home is located in the GATED Section called The Lakes and is loaded with Exquisite features and Amenities to include: A Gorgeous Brick and Stone Elevation, The Stunning Grand Entry guides you through this amazing Open Floor Plan, Rich Wood Flooring Selection, Dedicated Office, Water Softener System includes Reverse Osmosis system, Solar Panels included (low electric bills), Spacious Formal Dining, a Chef's Dream Kitchen with a massive Granite Island and loads of cabinetry, 2nd story ceiling in the family room with a beautiful Wall of Windows, Outstanding Primary Bedroom w En-suite luxurious bath, Upstairs you'll find 3 Large Bedrooms with an oversized Gameroom and Sitting Area. This Backyard is perfect for Entertaining with an extended, covered patio perfectly situated on a very desirable Lake Lot. This home has it all! Welcome Home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017