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1879 OAK LANE
About This Property
The home: a smooth limestone facade, Sierra Pacific and PGT impact windows, Emtek hardware, engineered oak floors and custom cabinetry throughout. A checkerboard marble foyer opens to a sculptural floating staircase. The living room centers on a linear fireplace, and the bourbon room behind double doors has a built-in bar with a U-Line beverage center.
The gourmet kitchen has two waterfall quartz islands, custom beech cabinetry, a Sub-Zero 36 inch refrigerator, a Sub-Zero wine column, a Wolf 36 inch induction cooktop, a Wolf vacuum seal drawer, two GE Monogram 30 inch wall ovens including a five-in-one, Bosch integrated dishwashers, and a scullery with a second refrigerator and a plumbed Miele built-in coffee system, all open to the family room and dining room.
First floor primary suite with corner sliding doors to the covered lanai, a walk-in closet and a spa bath with a glass wet room, freestanding soaking tub and double vanity. Every upstairs bedroom has an en suite bath. Bonus spaces include a media room, game room, home office with built-ins and a home gym, plus a laundry room with sink and two powder rooms.
Outdoor living: a heated saltwater pool, 33'6" by 17'6", with lights and a raised spa, a covered lanai, and an outdoor kitchen pavilion with fireplace, TV, grill and dining in a fenced yard. Circular paver drive.
Systems: Generac whole home generator, impact windows, two HVAC systems, propane water heater, pool heat and grill, surround sound inside and out, and security cameras. Flood zone X. No mandatory HOA. Zoned for Audubon Park K-8 and Winter Park High School
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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 |
|---|---|---|---|
| Oct 26, 2026 | Listed by CORCORAN PREMIER REALTY | $4,900,000 | |
| Listed by CORCORAN PREMIER REALTY | |||
| Dec 5, 2023 | Sold | ||
| Sold | |||
| Nov 27, 2023 | In contract | - | |
| In contract | |||
| Nov 18, 2023 | Price Decreased |
$675,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Oct 4, 2023 | Price Decreased |
$680,000
↓ $19K
(2.7%) | |
| Price Decreased | |||
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About Lake Sue Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017