3574 Preserve Drive
About This Property
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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 2, 2024 | Sold | ||
| Sold | |||
| Apr 22, 2024 | Listed by Scenic Sotheby's International Realty | $799,000 | |
| Listed by Scenic Sotheby's International Realty | |||
| Jul 14, 2022 | No longer available | - | |
| No longer available | |||
| Jan 25, 2022 | Price Decreased |
$699,000
↓ $76K
(9.8%) | |
| Price Decreased | |||
| Jul 21, 2021 | Listed by Corcoran Reverie SRB | $775,000 | |
| Listed by Corcoran Reverie SRB | |||
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Just reduced by $76,000! Remarkable estate-sized homesite in the prestigious, gated community of Burnt Pine within the Sandestin Golf and Beach Resort! This homesite offers privacy as it adjoins protected greenspace to the rear and right so no homes will be built on the preserve. The other side of the preserve is a lake and the 4th fairway of the challenging Burnt Pine Golf Course so the lot will have golf course and lake views when lot is cleared. Offering 169 feet of road frontage and with no build-out time, you will have ample time to design your dream home on one of the few remaining lots in the preserve section of Burnt Pine.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017