2280 Elegant Manor CIRCLE
About This Property
Upon entering the one-story Drexel floorplan, the foyer welcomes you into the open-concept living space with designer easy-care tile floors. The upgraded gourmet kitchen and island are perfect for casual meals and social gatherings. The adjacent breakfast nook is ideal for additional seating and dining options. This home has extra windows and upgraded trim included. Special, Light, and Bright! The inviting, tiled great room is spacious and versatile, including French doors to the den or personalized to suit your needs. The master suite boasts the builder's deluxe bath option with an oversized shower and a walk-in closet, providing a perfect retreat. The Drexel floorplan is designed to be functional and accommodating for all. Tour this home today ready for delivery in August 2024.
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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 |
|---|---|---|---|
| Jan 3, 2025 | Sold | ||
| Sold | |||
| Nov 24, 2024 | In contract | - | |
| In contract | |||
| Jul 27, 2024 | Listed by NEW HOME STAR FLORIDA LLC | $499,990 | |
| Listed by NEW HOME STAR FLORIDA LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017