12592 Grandezza Circle
About This Property
The family room is the heart of the home-cozy yet open, with an impressive wall of windows overlooking the lake and saltwater pool. It's the space everyone naturally gathers, where everyday moments turn into lasting memories. Architectural ceiling details elevate the home, including tray ceilings in the living and dining rooms and a coffered ceiling in the family room.
Step outside to a southern-facing pool and lanai, a highly coveted feature. Enjoy sun on the salt water pool all day, plenty of room for lounge chairs, and a spacious covered lanai that stays shaded-perfect for entertaining or unwinding at the end of the day.
The primary suite is a peaceful retreat featuring tray ceilings, two walk-in closets, and a bright, well-appointed bath with double vanities and a soaking tub. A few major updates are already done with a new roof (2021), and new appliances (2024) and impact windows, door and shutters. Offered fully turnkey furnished, this home is ready to be enjoyed from day one.
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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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Feb 19, 2026 | In contract | - | |
| In contract | |||
| Feb 13, 2026 | Price Decreased |
$675,000
↓ $14K
(2%) | |
| Price Decreased | |||
| Feb 6, 2026 | Relisted | $689,000 | |
| Relisted | |||
| Jan 31, 2026 | In contract | - | |
| In contract | |||
Property Highlights
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About Lee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017