12586 Grandezza Circle
About This Property
Beautiful Grandezza is welcoming with a gracious Clubhouse featuring formal and more informal dining options, lots of social activities and the club pool/spa has a poolside tiki bar, there's an exercise room, basketball, bocce, lighted tennis courts, a golf course and an option of memberships offered. Superb location, across from shopping and dining destinations, Hertz Arena, close to more malls, easy access to I-75 and RSW, nature trails, a short drive to sandy gulf beaches. Simply put, PERFECT!
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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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Price Decreased |
$719,900
↓ $19K
(2.6%) | |
| Price Decreased | |||
| Nov 10, 2024 | Price Decreased |
$739,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
| Oct 25, 2024 | Price Decreased |
$759,000
↓ $20K
(2.6%) | |
| Price Decreased | |||
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About Lee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017