10735 SPRING SAPLING CIRCLE
About This Property
The Cedar Key I is a spacious and versatile home design, offering 3,922 sq. ft. of well-planned living space. This expansive floorplan features 4 bedrooms, 4 bathrooms, and a 3 car garage, with thoughtfully designed spaces that bring together comfort, functionality, and flexibility. The open concept layout creates a seamless flow between the main living areas, making the home ideal for both everyday living and entertaining. A covered lanai overlooks stunning water views, providing a beautiful backdrop for relaxing and enjoying the outdoors. An extended bonus room adds even more space for gathering, recreation, or entertainment, while a dedicated den or office provides a versatile area for working from home or creating a private retreat.
Images shown are for illustrative purposes only and may differ from actual home. Completion date subject to change.
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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 |
|---|---|---|---|
| Aug 21, 2026 | Listed by HOMES BY WESTBAY REALTY | $1,076,032 | |
| Listed by HOMES BY WESTBAY REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017