11968 Blazing Star DRIVE
About This Property
Nestled in the community of the Preserves at Wellen Park, residents here enjoy a wealth of amenities. From picturesque walking trails to lush green spaces, this community is designed for an active and vibrant lifestyle, including a community pool, clubhouse, fitness center, pickleball and bocce ball. Additionally, the home is located within minutes of the Braves Stadium and the brand new Wellen Park itself offering a range of attractions, including beautiful parks, shopping centers, and dining options around a sprawling lake. With its convenient location, residents have easy access to some of Florida's finest beaches, ensuring endless opportunities for sun-soaked relaxation.
Experience the perfect blend of comfort, functionality, and community living at 11968 Blazing Star Drive. This listing represents an incredible opportunity to embrace the vibrant lifestyle that Wellen Park and the Preserves have to offer. Don't miss out on making this your new home - arrange your private viewing today and explore the 3D tour!
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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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | In contract | - | |
| In contract | |||
| Nov 10, 2023 | Price Decreased |
$448,000
↓ $21K
(4.5%) | |
| Price Decreased | |||
| Oct 5, 2023 | Price Decreased |
$469,000
↓ $30K
(6%) | |
| Price Decreased | |||
| Sep 19, 2023 | Listed by EXP REALTY LLC | $499,000 | |
| Listed by EXP REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017