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13232 Alhambra Lake Circle
About This Property
Enjoy eastern exposure in the backyard for beautiful sunrises over the water and shaded afternoons from your screened lanai, complete with a private pool overlooking a grand fountain, a true oasis for relaxation or entertaining.
Inside, you'll find a neutral, designer-inspired decor featuring custom lighting fixtures, smooth walls with beaded corners, and tile flooring throughout. The home boasts spacious walk-in closets with custom built-ins, and the fourth bedroom is currently used as a home office. Lake views can be enjoyed from most rooms in the house.
The kitchen is both stylish and functional, with rich cherry wood cabinetry, GE & Bosch stainless steel appliances, and ample storage and prep space.
This home also includes significant upgrades for peace of mind and energy efficiency, such as the Generac 22kW Whole-House Generator, a new roof in 2024, and Carrier 2-speed AC units in 2022 and 2023.
Valencia Falls is known for its vibrant lifestyle and top-tier amenities, including a clubhouse, fitness center, resort-style pool, tennis, pickleball, social clubs, and events all conveniently minutes from your front door.
Don't miss the opportunity to make this exceptional lakefront property your next home!
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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%.
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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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 13, 2025 | Listed by RE/MAX Services | $879,000 | |
| Listed by RE/MAX Services | |||
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Oct 22, 2017 | Listed by RE/MAX Advantage Plus | $623,000 | |
| Listed by RE/MAX Advantage Plus | |||
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SPECTACULAR POINT LOT LAKEFRONT HOME WITH 4 BEDROOMS/2.5 BATHS. EASTERN YARD EXPOSURE FOR ENJOYING MORNINGS ON THE LAKE AND SHADY AFTERNOONS FROM SCREENED LANAI. POOL OVERLOOKS LAKE WITH GRAND FOUNTAIN VIEW. IMMACULATE NEUTRAL DECOR HOME WITH MANY DESIGNER FEATURES INCLUDING CUSTOM LIGHTING FIXTURES AND BATHS. TILE THROUGHOUT, NO CARPET. WATER VIEWS FROM MOST ROOMS. AC'S REPLACED, WALK-IN CLOSETS W/ BUILT INS. FOURTH BEDROOM USED AS AN OFFICE. BEADED CORNERS AND SMOOTH WALLS THROUGHOUT. BUYER PAYS 1X CAPITAL CONTRIBUTION OF $1304 AT CLOSING. ALL MEASUREMENTS DEEMED ACCURATE AND SHOULD BE INDEPENDENTLY VERIFIED.
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About Valencia Falls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017