22620 Morning Glory CIRCLE
About This Property
The Preserve at Panther Ridge offers its residents an array of amenities, including scenic walking trails, parks, a playground, picnic areas, basketball, and a tennis court, fostering a vibrant and active community lifestyle. Additionally, the community is conveniently located just minutes away from the Waterside and Lakewood Ranch shopping and dining districts, providing easy access to a plethora of entertainment and culinary experiences.
****Possible lease to purchase option available.
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Cap Rate Calculator
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 25, 2024 | Sold | ||
| Sold | |||
| Sep 27, 2024 | In contract | - | |
| In contract | |||
| Sep 15, 2024 | Price Decreased |
$1,249,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Aug 22, 2024 | Price Decreased |
$1,299,000
↓ $75K
(5.5%) | |
| Price Decreased | |||
| Aug 3, 2024 | Price Decreased |
$1,374,000
↓ $25K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017