24620 DEER TRACE Drive
About This Property
As you step through the doors, the warmth of three elegant fireplaces located in the living room, family room, and primary bedroom immediately invites you in. The heart of the home features a gourmet kitchen with gleaming stainless steel appliances, a convenient breakfast bar, and a cozy breakfast nook for casual dining.
Entertain with ease in the formal living and dining rooms or unwind in the Florida Room, a sun-drenched space ideal for relaxation. The adjacent wet bar off the family room and the skylights ensure your gatherings are always bright and inviting. The outdoors beckons with a screen-enclosed pool and a full bath off the pool deck, allowing for seamless indoor-outdoor living. Enjoy the lush landscape with water access and multiple points of entry to the pool area, ensuring a true Floridian oasis.
Retreat to the primary bedroom where you'll find two large walk-in closets providing ample storage space. This home, with its thoughtful design and luxury features, awaits to create your family's cherished memories.
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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 |
|---|---|---|---|
| Jul 1, 2025 | Sold | ||
| Sold | |||
| May 28, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Price Decreased |
$995,000
↓ $105K
(9.6%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$1,100,000
↓ $199K
(15.3%) | |
| Price Decreased | |||
| Mar 22, 2025 | Price Decreased |
$1,299,000
↓ $26K
(2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017