23021 Tree Crest Court
About This Property
Also new in 2024 are Stainless Steel appliances. New in 2023 are a Saltwater pool and Tankless Rinnai gas Hot Water Heater. Pool Heater was replaced in 2022 with a new 400,000 BTU gas heater. Lennox 15 SEER 2 SYSTEM A/C system replaced in 2019.
Step out your front door to the Island park for a stroll. View from your picture frame lanai is the Hole #12 on the South Course.
Future amenities include 5 Indoor Pickleball Courts, Resort-Style Pools, Poolside Restaurant and Bar, 8 New Har Tru Tennis Courts.
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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 18, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Oct 1, 2024 | Price Decreased |
$735,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Jul 12, 2024 | Listed by Keller Williams Elite Realty | $750,000 | |
| Listed by Keller Williams Elite Realty | |||
| Apr 22, 2013 | Sold | ||
| Sold | |||
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About Estero
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017