1216 TUMBLEWEED Drive
About This Property
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 28, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Listed by HERRON REAL ESTATE LLC | $400,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| | |||
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Discover your dream home at 1216 Tumbleweed Drive—an exquisite pool home on an oversized lot, brimming with modern updates! As you step through the front door, you'll immediately notice the neutral, large-format tile flooring that flows seamlessly into the completely renovated kitchen. Every detail of the newly renovated kitchen is designed for both style and functionality, featuring brand-new white shaker cabinets, sleek quartz countertops, a custom backsplash, and premium appliances. The open-concept layout, featuring the living area, kitchen, and sunroom, is perfect for entertaining. The outdoor space is equally impressive, offering a sparkling pool, multiple patios, and covered areas where you can bask in the sun or enjoy the shade in comfort. There's even a detached pool house that offers endless possibilities—storage, a man cave, or the ultimate she-shed! Need extra space? The bonus room, located off the spacious laundry area, is perfect as a home gym, guest suite, or playroom. The oversized primary suite is a true retreat, complete with a cozy sitting area, private pool access, and ample space for a home office, reading nook, or nursery. Two additional well-sized bedrooms share a generously sized hall bath. This home is equipped with solar panels to help with energy bills. Convenience is key with Clay County schools, no CDD or HOA fees, and just minutes away from shopping, dining, and entertainment options. Don't miss your chance to own this exceptional homeschedule your private tour today before it's gone!
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| Jun 18, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by EXP REALTY LLC | $275,000 | |
| Listed by EXP REALTY LLC | |||
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About Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017