1134 SW Balmoral Trace
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 23, 2026 | Price Decreased |
$469,900
↓ $9K
(1.9%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$479,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 7, 2026 | Listed by The Keyes Company (Tequesta) | $489,000 | |
| Listed by The Keyes Company (Tequesta) | |||
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New roof (2026), lake views, and turnkey furnished — this DiVosta-built 2BR/2BA villa in The Florida Club checks the boxes buyers actually ask for. The split-bedroom floor plan offers privacy for guests, an open kitchen with built-in cabinetry, central vacuum, and a screened lanai overlooking peaceful water. Offered furnished — move-in ready with minimal lift. Low HOA covers landscaping, cable, and high-speed internet, in a gated community with public golf, tennis, pickle ball, clubhouse dining, a community pool, and miles of sidewalks. A rare combination of new-roof confidence and waterfront calm at this price point.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017