848 Mediterranean DR
About This Property
Situated next to a peaceful greenbelt on a spacious interior lot, this stunning 3-bedroom, 2-bath home with a dedicated study/office offers the perfect blend of comfort, elegance, and functionality. Step inside to a welcoming foyer entrance leading into an open-concept layout featuring a spacious living room with a unique ceiling fan allowing for lighting adjustments, and two dining areas ideal for entertaining.
The kitchen is designed to impress with quartz countertops, a beautiful backsplash, a large center island, stainless steel appliances, and a gas cook top stove perfect for everyday cooking and hosting guests alike.
The private owner's suite offers a relaxing retreat complete with a stylish accent wall, retractable blade ceiling fan, two vanities, and a spacious walk-in closet.
Step outside and enjoy Texas evenings under the covered patio featuring an outdoor fireplace, plus an additional firepit area perfect for gatherings and relaxation.
This home combines location, style, and lifestyle amenities all in one exceptional package. Schedule your private showing today and experience everything this beautiful home has to offer.
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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 |
|---|---|---|---|
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| Jun 2, 2026 | Listed by Fathom Realty | $489,000 | |
| Listed by Fathom Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017