1495 BLUE LAKE CIRCLE
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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.
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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 |
|---|---|---|---|
| May 4, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by KW PEACE RIVER PARTNERS | $484,800 | |
| Listed by KW PEACE RIVER PARTNERS | |||
| May 25, 2025 | No longer available | - | |
| No longer available | |||
| Jul 21, 2024 | Listed by RE/MAX Alliance Group | $535,000 | |
| Listed by RE/MAX Alliance Group | |||
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NEW IMPROVED PRICE! This FABULOUS HOME is SITUATED on 245 feet of BREATHTAKING LAKE FRONT! This CUL DE SAC TIP LOT is on OVER 1/2 ACRE on BEAUTIFUL LAKE ZAPPA with ROOM to EXPAND! LUSH TROPICAL LANDSCAPING ENGULFS the EXPANSIVE CIRCULAR DRIVE and FLOWS ALL AROUND THIS STUNNING, UNIQUE PROPERTY. SIT UNDER the VINTAGE OAKS and take in the MESMERIZING VISTA of LAKE ZAPPA! OR RELAX by the REFRESHING POOL and INVITING LANAI OVERLOOKING the TRANQUIL LAKE VIEW! The HUGE KITCHEN is EQUIPPED WITH STAINLESS APPLIANCES, GORGEOUS GRANITE COUNTERS, COFFEE STATION, a MIRRORED DRY BAR and a LARGE BREAKFAST ISLAND connecting the COMFORTABLE FAMILY ROOM. With an ADDITIONAL LIVING/DINING AREA, this HOME is an ENTERTAINER'S DELIGHT! GAZE AT THE MOON GLISTENING LAKE from the SPACIOUS PRIMARY BEDROOM with MODERN, UPDATED ENSUITE OFFERING TWO WALK-IN CLOSETS, DOUBLE SINK VANITY, a SEPARATE WALK-IN SHOWER and a TUB/SHOWER COMBO! ENJOY the PEACEFUL, WATER VIEWS from the 2nd and 3rd BEDROOMS, with DIRECT ACCESS OUT TO THE LANAI/POOL AREA from the 2nd BATHROOM. Have Peace of Mind with the NEW METAL ROOF, ELECTRIC ROLL DOWN SHUTTERS ENCOMPASSING THE LANAI AREA and LOCKING ACCORDIAN SHUTTERS on most windows. The Garage is Equipped with a Generator Hook-Up and the A/C Ductwork is prepped to Vents on the Lanai for a possible Enclosed FL Room in the Future. This Double Lot Property may have the Potential for the Addition of a 3rd Car Garage. Deep Creek is a Sought After Deed Restricted Community with Public Utilities, Greenbelt, Community Golf Course, Playground, Tennis Courts, Basketball, nearby Public Boat Ramp, Fishing, Boating, Shopping, Restaurants and Gorgeous Gulf Beaches and Sunsets! Close Access to I-75.
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About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017