8996 EXCELSIOR LOOP
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%.
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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.
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 14, 2026 | In contract | - | |
| In contract | |||
| Dec 19, 2025 | Price Decreased |
$357,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Oct 27, 2025 | Listed by COMPASS FLORIDA LLC | $367,000 | |
| Listed by COMPASS FLORIDA LLC | |||
| Apr 18, 2025 | Listed | $367,000 | |
| Listed | |||
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One or more photo(s) has been virtually staged. Fresh and inviting, this Rapalo home offers comfort, convenience, and a wonderful layout. This home features 3 bedrooms and 2 bathrooms, with 1,748 square feet of living space and a new roof in 2022 with a 25-year warranty. The kitchen was renovated in 2024 and features stone countertops, new cabinetry and appliances, and a breakfast nook perfect for casual dining or enjoying your morning coffee. Other notable features include a spacious walk-in closet in the primary suite and plantation shutters, which add charm to several windows throughout the home. There is new carpet in all the bedrooms, adding to the many reasons this home is move-in ready! Step outside to enjoy a covered patio and beautifully landscaped front and back yards. Additionally, there is an attached 2-car garage, paver driveway, and a functional mudroom off of the garage that includes a washer and dryer set, both installed in 2022.
Rapalo is a well-established gated community with a relaxing resort-style swimming pool, a peaceful, quiet neighborhood setting, and picturesque, well-maintained homes. It is just minutes away from shopping, dining, and Gulf beaches, making it an ideal location. Don’t miss this outstanding move-in-ready opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017