1494 SW Balmoral Trace
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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 |
|---|---|---|---|
| Jun 4, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Listed by Coldwell Banker Realty | $625,315 | |
| Listed by Coldwell Banker Realty | |||
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Beautifully updated golf course home overlooking the 12th fairway of The Florida Club. This 3-bedroom, 3-bath residence offers approximately 2,000 square feet of light-filled living space and a desirable split floor plan. A new metal roof installed in 2024 provides long-term durability and peace of mind. Engineered wood flooring flows throughout the home, complemented by updated countertops in the kitchen, bathrooms, and laundry room, creating a cohesive and modern feel.
Enjoy seamless indoor-outdoor living with a heated pool and screened enclosure, perfect for year-round enjoyment while taking in tranquil golf course views. The home is equipped with complete accordion storm shutters for added protection and convenience. Offered partially furnished, making this an ideal primary residence, seasonal retreat, or investment opportunity. Located in a sought-after community with easy access to golf, shopping, dining, and beaches—this home is a must-see.
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| May 4, 2020 | Sold | ||
| Sold | |||
| Dec 30, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017