2498 ALEXIA Circle
About This Property
Outside, enjoy your private oasis overlooking the beautiful wooded preserve on your screen lanai. This is one of the few homes in the neighborhood with a beautiful, unobstructed view. Located in the sought-after Red Hawk neighborhood, this home is close to excellent schools, shopping, dining with easy access to downtown and the Beaches. Community amenities include a resort type pool and playground.
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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 25, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2024 | In contract | - | |
| In contract | |||
| Sep 15, 2024 | Price Decreased |
$544,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Aug 21, 2024 | Listed by ANCHORED REAL ESTATE GROUP LLC | $549,000 | |
| Listed by ANCHORED REAL ESTATE GROUP LLC | |||
| Nov 30, 2017 | Sold | ||
| Sold | |||
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017