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10707 FALLEN LEAF LANE
About This Property
The kitchen offers abundant cabinetry and counter space along with a pantry and charming breakfast nook surrounded by windows. The primary suite includes a walk-in closet and private bath, while the second bedroom and additional full bath provide comfortable accommodations for guests. Both bathrooms were remodeled in 2025. Additional conveniences include interior laundry and an attached 2-car garage with storage and utility space.
Major updates provide added peace of mind, including a new roof in 2021, A/C in 2025 and water heater in 2026. Windows throughout the main living areas were replaced in 2021, with additional new windows installed in the primary bedroom and bathrooms in 2025.
Timber Oaks residents enjoy access to a clubhouse, community pool and spa, fitness and recreational facilities, tennis, pickleball, shuffleboard and a variety of clubs and social activities. With spacious living areas, numerous recent improvements and a beautiful open view from the rear of the home, this property offers a wonderful opportunity to enjoy the Florida lifestyle in an established 55+ community.
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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.
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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 21, 2026 | Listed by REAL BROKER, LLC | $275,000 | |
| Listed by REAL BROKER, LLC | |||
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About Timber Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017