949 Altair Way
About This Property
The expansive great room flows into a stunning kitchen complete with upgraded Sandals wood cabinetry, a tile backsplash, and an open layout ideal for entertaining. The deluxe owner's suite features a tile-surround shower, a separate soaking tub, and a thoughtfully designed layout for privacy and comfort. Additional highlights include a private guest ensuite, a versatile den with double glass French doors, and a screened lanai perfect for relaxing outdoors. This smart home is equipped with modern features such as a Ring Video Doorbell, Smart Thermostat, Keyless Entry Smart Door Lock, and Deako Smart Switches.
The Venice offers a thoughtful balance of elegance and practicalitydesigned to enhance everyday living in one of Grant-Valkaria's premier communities.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Nov 21, 2025 | Price Decreased |
$606,900
↓ $17K
(2.7%) | |
| Price Decreased | |||
| Nov 10, 2025 | Price Decreased |
$623,900
↓ $23K
(3.6%) | |
| Price Decreased | |||
| Oct 31, 2025 | Price Decreased |
$646,900
↓ $20K
(3%) | |
| Price Decreased | |||
Property Highlights
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About Grant-Valkaria
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017