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2351 123RD PLACE E
About This Property
Step inside to a dramatic two-story foyer featuring soaring vaulted ceilings, warm luxury vinyl plank flooring, and a sweeping staircase that sets the tone for the thoughtfully designed interior. One of the home's most sought-after features is the private first-floor guest suite, complete with a spacious bedroom and full bathroom perfect for visitors, multi-generational living, or a comfortable in-law suite.
A formal living room just off the entry provides an inviting space for relaxing or entertaining, while graceful arched entryways throughout the home add timeless architectural character. The spacious kitchen is designed to be both stylish and functional, showcasing crisp white cabinetry, stone countertops, stainless steel appliances, a stylish backsplash, and a charming freestanding island. Recent updates include a Bosch stainless steel dishwasher approximately one year old and a Whirlpool refrigerator. The kitchen flows seamlessly into a sunny breakfast nook with tranquil lake views and sliding glass doors leading to the screened lanai, creating the ideal indoor-outdoor Florida lifestyle.
Perfect for entertaining, the elegant formal dining room features a tray ceiling, striking chandelier, and classic wood shutters, while the dramatic two-story family room is filled with natural light from expansive clerestory windows above.
Upstairs, the luxurious primary suite serves as a private retreat, featuring a tray ceiling, private balcony overlooking the sparkling lake, and a spa-inspired en-suite bathroom with dual vanities, a soaking tub, and a separate glass-enclosed shower. Also located on the second floor are two additional well-appointed bedrooms, a full bathroom, and a versatile loft/flex space, providing ample room for family, guests, a home office, media room, or additional living area.
Additional highlights include a Whirlpool washer approximately one year old, Samsung dryer, and a hot water heater replaced approximately two years ago.
Step outside to the screened lanai where peaceful lake views and a beautifully maintained backyard create the perfect backdrop for morning coffee, evening sunsets, or weekend gatherings. Residents enjoy access to exceptional resort-style community amenities including a sparkling pool, playground, pickleball courts, tennis courts, a kayak launch, and over two miles of scenic walking and hiking trails, offering the very best of the Florida lifestyle.
THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF YOU USE A PREFERRED LENDER. INQUIRE FOR MORE DETAILS!
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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 |
|---|---|---|---|
| Oct 7, 2026 | Price Decreased |
$615,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Aug 2, 2026 | Price Decreased |
$620,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jun 13, 2026 | Price Decreased |
$625,000
↓ $14K
(2.2%) | |
| Price Decreased | |||
| May 13, 2026 | Listed by HOUSE MATCH | $639,000 | |
| Listed by HOUSE MATCH | |||
| Jan 26, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017