7977 Tangelo 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 |
|---|---|---|---|
| Sep 2, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Listed by Keller Williams Coastal Partners | $500,000 | |
| Listed by Keller Williams Coastal Partners | |||
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Rare One-Story Charmer in Knollwood Offered $20,000 Below Appraised Value
Looking for a home that's professionally designed, BIG on character but not big on chores? Welcome to this 3-bedroom, 2-bath beauty in the coveted Knollwood Subdivision, offering just under 2,000 sq ft under air and all on one glorious, stair-free level with both a GIGANTIC Primary Bedroom and Living Room!
With almost ~12-foot ceilings, a 2-year-old A/C, and a layout that whispers EASY LIVING, this family friendly gem offers tons of space without any headaches.
Looking for efficiency? Enjoy surprisingly low insurance and utility bills.
The backyard? Just the right size for a glass of wine, a few plants, or a very lucky dog—not a jungle you'll spend weekends battling. Located in a gated community with a super low HOA (yes, really), Knollwood also spoils you with a clubhouse and poolall the perks, none of the hassle. And here's the kicker: this is one of only a handful of single-story homes in this neighborhood.
Take advantage of the existing Professional Interior Design Plans for a turn-key transformation or give it your finishing touch. Some pictures are Reality Staged. Professional Design Plans and estimates available to Buyer
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| May 15, 2025 | Price Decreased |
$529,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Apr 10, 2025 | Price Decreased |
$539,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
Property Highlights
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About Knollwood West
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,100 /mo
- 3 Beds
- 2 Baths
- 1,458 ft²
$2,600 /mo
- 2 Beds
- 2 Baths
- 1,323 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017