2851 CIRCLE RIDGE Drive
About This Property
Wait Listen, Do you hear that knocking? There has been only one home in Foxridge by the lake sold in the last 5 years. That knocking sound is your Opportunity to live in a Beautiful Lakefront all Brick Pool Home. Constructed of Norwegian brick this, nearly 2500sq.ft. 4bed 2.5 bath home was built to last forever. Features include a Wide open Kitchen, two sided FirePlace, Large Formal Rooms, Indoor Laundry. Enjoy a Florida Resort LifeStyle in the comfort of your new home.
Imagine entertaining on the covered patio by the pool sipping tall cool beverages enjoying your guest having fun overlooking the lake, eating fresh fruit from your own citrus trees or possibly kayaking on the spring fed 12 acre lake. There is room for cousy get togethers dow
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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 |
|---|---|---|---|
| Jul 7, 2008 | Sold | ||
| Sold | |||
| Mar 2, 2008 | Listed by WATSON REALTY CORP | $295,000 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017