18829 GERACI ROAD
About This Property
Leaded-glass double entry doors welcome you inside, where coffered ceilings, crown molding, and transom windows add architectural character. Separate formal living and dining rooms complement a comfortable family room with a wood-burning fireplace and expansive sliding glass doors overlooking the lake. The kitchen features an island cooktop, breakfast bar, built-in ovens, wine refrigerator, and abundant cabinetry.
The main-floor primary suite captures lake views through bay windows and includes dual walk-in closets with built-ins, dual sinks, a garden tub, and a separate walk-in shower. Two additional bedrooms and a dedicated office complete the main level. Upstairs, a fourth bedroom and full bath accompany a spacious bonus room and an impressive 29-by-16-foot media room.
Outdoor living shines on the covered, screened lanai with brick pavers, opening toward a sun deck and covered boat dock with lift. An attached 3-car garage completes the home. Conveniently located near shopping, dining, and major highways and within the Steinbrenner High School attendance area, this property brings together spacious living and the enjoyment of life on Lake Thomas.
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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 28, 2026 | Listed by COLDWELL BANKER REALTY | $1,500,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Aug 5, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017