15464 Briarcrest Circle
About This Property
This spacious home offers 4 bedrooms, 3 full baths, and a 2 car garage with over 2,545+ sqft of space. Enter through the double door foyer into the living room/dining area as the room opens to expansive ceilings. This home's split bedroom floor plan includes a Primary Bedroom Suite, 2 spacious walk-in closets, double vanity, soaker tub and shower. The home also includes a 2nd BR with an en-suite pool bath, as well as 2 additional bedrooms, with a guest bath complete w/ access from the hallway. This wonderful home also boasts a spacious Family Room, and eat-in kitchen, w/ a Breakfast Nook to round out the main living area. Briarcrest is a neighborhood of nearly 80 single-family homes located in the serene Briarcliff Road area off Fort Myers. Briarcrest is anchored by a lake and many of the homes in the community are sited in a lakefront setting, The community is also bordered by the beloved Six Mile Cypress Slough Preserve, offering miles of natural beauty.
Briarcrest owners enjoy very low HOA fees, generous lot sizes and the exclusive, hidden nature of this wooded community.
Briarcrest is located off Briarcliff Road, just east of Metro Parkway.
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 3, 2024 | In contract | - | |
| In contract | |||
| Jul 11, 2024 | Price Decreased |
$599,000
↓ $31K
(4.9%) | |
| Price Decreased | |||
| Jun 1, 2024 | Listed by William Raveis Real Estate | $629,900 | |
| Listed by William Raveis Real Estate | |||
| Aug 17, 1998 | Sold | ||
| Sold | |||
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About Lee
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$3,260 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017