974 CALYPSO Way
About This Property
Inside, this spectacular, almost new construction home features a bright and spacious open floor plan tailored for modern coastal living. The beautifully appointed kitchen anchors the main living area and is highlighted by elegant granite countertops and sleek stainless steel appliances. The second floor provides a peaceful primary retreat, featuring two large walk-in closets and a stunning bath designed for ultimate comfort. Additionally you will find three generously sized bedrooms, and an upstairs laundry for easy access. Complete with a convenient two-car garage and a beautifully landscaped, lighted, and fenced yard, this exceptional property perfectly blends brand-new interior luxury with unparalleled outdoor entertaining.
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 6, 2026 | Listed by COMPASS FLORIDA LLC | $799,000 | |
| Listed by COMPASS FLORIDA LLC | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017