199 LA MESA Drive
About This Property
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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%.
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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.
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 |
|---|---|---|---|
| Dec 8, 2020 | Sold | ||
| Sold | |||
| May 13, 2020 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $539,500 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
| Aug 30, 2019 | Listed by WATSON REALTY CORP | $549,900 | |
| Listed by WATSON REALTY CORP | |||
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Tucked away & centered on a quiet cul-de-sac, this home offers peaceful conservation views and an open & inviting layout that's ideal for entertaining. This well-thought-out floor plan offers both formal living & dining spaces, a downstairs flex space as well as an expansive bonus room with a full bathroom upstairs.
The kitchen is complete with an eat-in dining nook, raised breakfast bar, center island, gas cooktop, granite countertops & stainless steel appliances. The living room finds a fireplace & built-in shelving & french doors that open out to a covered screened lanai. With 4 full bedrooms downstairs you'll find outside access from the cabana bath, the master bedroom & the living room. The 20x18 master suite is truly oversized & affords private wooded views through the floor to ceiling windows. You'll find a large walk-in closet complete with custom built-in shelving & drawers, and the master bath is complete with his & her vanities, a walk-in shower & garden tub.
You'll find upgrades throughout like decorative wainscoting, crown molding & columns plus wood flooring in the foyer, dining room, living room(s) and hallways.
The eye-catching exterior is complete with stacked stone, a paver driveway & a 3 car garage. Located on a 1/3 acre lot surrounded by oak trees the conservation views provide ample privacy.
Located behind the gates of Palencia you're surrounded by shops & restaurants with the added conveniences of a grocery store, a Starbucks, post office, dry cleaners & schools within the community. Offering world-class amenities & a championship Arthur Hills designed golf course. Residents enjoy a fitness center with on-site childcare, 3 community pools, lighted clay tennis courts, sports fields & fitness trails plus a boardwalk leading to the intracoastal.
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| May 30, 2019 | Listed by ENDLESS SUMMER REALTY | $579,900 | |
| Listed by ENDLESS SUMMER REALTY | |||
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Welcome home to Palencia. This 4/5 bedroom, meticulously maintained, cul-de-sac home is ready for its next family. On a huge pool ready 1/3 of an acre!
Beautiful wood floors throughout the formal dining room, formal living room, and open floor plan family room greet you at the entrance.
A gourmet kitchen complements the family room with stainless-steel appliances, gas stove, and double in wall microwave oven.
The Cu-da-sac preserve lot is hidden away at the end of the road. It's the last home on at the end of the street.
If the family room and location is not enticing enough, this home also sports a bonus room on the first floor and a huge bonus/ fifth bedroom/mother-in-law-suite on the second floor. The down stairs bedrooms have lovely new carpets. The newly installed carpet (May 2019) complemented by the large windows, allows an abundance of natural light into this oversized master. The master closet has been professionally organized. It's large enough to be considered a sixth bedroom. The master bathroom is outfitted with a soaking tub, separate shower, water closet, and his-and-her sinks.
ALL THE ZONED SCHOOLS ARE RATED "A" BY THE NATIONALLY RECOGNIZED RATING SYSTEM NICHE!
After you drive through the manned-security gates you'll notice children playing in the many parks, golf carts heading to the local Publix, joggers in route to the immaculate fitness center, or kids on their way to the Olympic-sized lap pool where the local swim team, the Piranhas, meet for practice. Palencia has it all: huge family pool with a slide, an adult pool, lap pool, full gym, instructor-ran classes (yoga, spin, bar and more), 10 tennis courts, 2 pickle-ball courts, a pier that stretches into the Intercostal waterway, activity fields, and many children's parks. You are home!
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| Jul 8, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017