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3002 Bellwind Circle
About This Property
Inside, you'll find soaring 12-14-foot ceilings, a massive primary suite with an oversized spa-like bathroom, and both indoor and outdoor fireplaces that add warmth and sophistication to the home. The large gourmet kitchen opens seamlessly to an expansive living room and features a high-end butler's pantry complete with a wet bar perfect for hosting family and guests.
Infinity sliding glass doors flood the home with natural light and open to a resort-style outdoor living area featuring a beautiful pool, spa, outdoor kitchen, and multiple spaces designed for relaxing and sunbathing while enjoying peaceful lake views. This is luxury Florida living at its finest
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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 29, 2026 | In contract | - | |
| In contract | |||
| Aug 18, 2026 | Price Decreased |
$1,325,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Jul 20, 2026 | Price Decreased |
$1,375,000
↓ $14K
(1%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$1,388,888
↓ $11K
(0.8%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by Waterman Real Estate | $1,399,888 | |
| Listed by Waterman Real Estate | |||
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About Summer Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017