128 Park Place CIRCLE
About This Property
1868 sf of easy living space. Low maintenance within the happy, gated community of Park Place. Immaculate 3 bedrooms and 2 baths with a 2 car garage. A screened in Florida room with upgraded Chattahoochee stone leading to the open patio and the fenced back yard with peaceful water views. Updated appliances, wood floors, plantation shutters, sealed garage floor with electric screen door. 128 Park Place Circle needs nothing and is the only property on the lake for sale. Just move in and enjoy true Florida Living. Low HOA fee includes lawn care, cable and high speed internet. Neighborhood amenities include a heated pool, putting greens, cabana shuffleboard and outdoor kitchen facilities. This wonderful 55+ community is golf cart friendly! Priced to sell at $425,000.
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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 |
|---|---|---|---|
| Oct 23, 2023 | Sold | ||
| Sold | |||
| Sep 25, 2023 | In contract | - | |
| In contract | |||
| Jul 25, 2023 | Listed by FULL SAIL REALTY AND MANAGEMENT | $425,000 | |
| Listed by FULL SAIL REALTY AND MANAGEMENT | |||
| Jun 19, 2023 | No longer available | - | |
| No longer available | |||
| Jun 10, 2023 | Price Decreased |
$429,900
↓ $20K
(4.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017