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1917 FLORESTA VIEW DRIVE
About This Property
Upon arriving at the Property, you will notice a home that has been impeccably maintained. This model-like property features spacious rooms, volume ceilings, crown molding, hardwood floors, custom built ins, and French doors. Central to the house is a GORGEOUS KITCHEN with WOLF double ovens, NEW GE MONOGRAM REFRIGERATOR (2024), NEW RANGE AND DISHWASHER, and natural gas cooktop. Additional features include: a large primary bedroom suite with two walk in closets; a versatile upstairs bonus room with wet bar; walk in attic storage space; a huge lanai overlooking the heated pool and beautifully landscaped and fenced backyard. Additional updates include a NEW TILE ROOF (2025); NEW POOL RESURFACE AND TRAVERTINE DECK, AND NEW POOL HEATER, POOL PUMP AND POOL FILTER; IMMACULATE CONDITION and so much more! Add to these a convenient location for schools, shopping, restaurants, parks, medical facilities, and interstate travel, and you have a fantastic place to call home!
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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 |
|---|---|---|---|
| Nov 3, 2026 | Listed by COLDWELL BANKER REALTY | $1,600,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Dec 6, 2019 | Sold | ||
| Sold | |||
| Oct 4, 2019 | No longer available | - | |
| No longer available | |||
| Aug 25, 2019 | Price Decreased |
$799,900
↓ $50K
(5.9%) | |
| Price Decreased | |||
| Jul 12, 2019 | Listed by COLDWELL BANKER REALTY | $849,900 | |
| Listed by COLDWELL BANKER REALTY | |||
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About Lake Magdalene
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017