348 Lake Victoria Circle
About This Property
The home is filled with natural light and features vaulted ceilings, tiled flooring throughout, and ceiling fans in every room. Its open floor plan centers around a spacious family room that flows into the dining area, kitchen, and breakfast nook. The kitchen is equipped with granite countertops, stainless steel appliances, and a large bar-height counter, ideal for entertaining.
The primary suite offers an updated bathroom with dual sinks, a stand-alone tub, a separate walk-in shower and a large walk-in closet that separates the bedroom from the bath. Both the master suite and the main living area provide access to the screened-in back deck, pool, and jacuzzi through pocket-slider doors.
Additional features include an irrigation system with on well, a beverage bar, a two-car garage with storage, a tankless gas water heater installed in 2023, and an upgraded pool with salt chlorinator, automation system, and heater. The property also includes hurricane shutters, a child safety fence for the pool, and a New EV charger in the garage. With friendly neighbors, a low and reasonable HOA that maintains common areas, and a prime location near schools, golf, this home is the perfect blend of comfort, convenience, and lifestyle.
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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%.
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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 |
|---|---|---|---|
| Dec 17, 2025 | Price Decreased |
$510,000
↓ $30K
(5.6%) | |
| Price Decreased | |||
| Nov 13, 2025 | Price Decreased |
$540,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Sep 28, 2025 | Price Decreased |
$550,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 4, 2025 | Listed by Real Broker, LLC | $560,000 | |
| Listed by Real Broker, LLC | |||
| Aug 11, 2023 | Sold | ||
| Sold | |||
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About Vizcaya Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017