1311 CASTLE PINES Circle
About This Property
Come sit on your enclosed lanai with a cup of coffee or glass of wine overlooking your water to preserve view. Popular style home with front porch and plenty of sitting room. The home comes with a extended rhino shield Warranty that is transferable and will keep you from having to repaint in the near future . The Glass front door entrance brings light into the welcoming foyer and a classic, distinctive tile flows throughout the home. This open floor plan leads into the living room with vaulted ceilings, crown moldings, nice windows and sliding glass door with views to the manicured lake & preserve. The screened lanai offers relaxation and more entertaining options. Home is also available for LEASE PURCHASE. Spacious master bedroom expansive windows with wide views of the lake too. 3rd bedroom non conforming but set up as a bedroom or could be a office. This home is also available for LEASE PURCHASE. Cascades Monthly fees cover the outside lawn manicuring, fertilizing and sprinkler system. Alarm monoriting, guarded gate and fantastic amenties with indoor and outdoor pools and spa, fitness, library, pickle ball courts, sauna, Pottery Kiln and plenty of activities to boot.
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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 16, 2019 | Sold | ||
| Sold | |||
| Jan 31, 2019 | Listed by COLDWELL BANKER VANGUARD REALTY | $259,900 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Aug 15, 2013 | Sold | ||
| Sold | |||
| Apr 25, 2013 | Listed by COLDWELL BANKER VANGUARD REALTY | $257,500 | |
| Listed by COLDWELL BANKER VANGUARD REALTY | |||
| Jan 25, 2011 | Listed by DAVIDSON REALTY, INC. | $215,000 | |
| Listed by DAVIDSON REALTY, INC. | |||
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Eagle Trace model on water. Many upgrades. Great view, open design, vaulted ceilings, granite countertops, 42” cabinets, pull-outs in lower cabinets, crown molding, acrylic flooring with wood appearance, tile in wet areas, water softener, “Rhino-Shield” stucco protection w/25 yr warranty. Located in exciting active adult community in World Golf Village. Grand Clubhouse includes indoor heated pool, outdoor pool, fitness center, card rooms, media center, ballroom, crafts room w/ceramic kiln, full time social director & more. Lawn care, irrigation, cable TV, alarm monitoring, guarded entry & club access included in modest HOA fee. Outstanding lifestyle in friendly neighborhood. NOT A SHORT SALE.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017