216 Gleneagles Drive
About This Property
Well maintained two bedroom, two bath home on quiet street. Open floor plan. Newly installed, whole house generator (natural gas) and complete hurricane shutter protection allows less stressful hurricane season. Roof 2007, Gas water heater 2007, Air conditioner 2005. Enjoy no hoa fee, two beautiful golf courses, great park for kids with clubhouse and much more. Perfect place to call home.
Click on Photo and then Virtual tour link to get additional info about home and community.
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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 11, 2025 | Listed by Serhant | $650,000 | |
| Listed by Serhant | |||
| | |||
|
Incredible opportunity in the highly desired and exclusive City of Atlantis.
| |||
| Jul 2, 2020 | Sold | ||
| Sold | |||
| Apr 10, 2020 | Listed by Keller Williams Realty - Wellington | $400,000 | |
| Listed by Keller Williams Realty - Wellington | |||
| Apr 11, 2018 | Sold | ||
| Sold | |||
| Jan 22, 2018 | Listed by Keller Williams Realty - Wellington | $365,000 | |
| Listed by Keller Williams Realty - Wellington | |||
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About Atlantis
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017