40
Map
3690 Salt Marsh Circle
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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| May 1, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by Real Broker LLC | $689,000 | |
| Listed by Real Broker LLC | |||
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Welcome HOME! A rare opportunity to own the Elm Royale—a 5-bedroom, 4-bath beauty with double master suites! Located in the exclusive SANCTUARY of SAWGRASS LAKES, a resort-style gated community, this 3,408 sq. ft., 3-car garage home boasts an open-concept design, perfect for entertaining. Enjoy a dream kitchen with 42'' modern gray cabinets, quartz countertops, a convection microwave and range, and spacious island. The family room flows into a screened lanai overlooking a fully fenced backyard. The downstairs master suite includes an attached office and French doors to the lanai, while upstairs features a workstation, bedroom, and full bath—ideal for guests or teens. Move-in ready with roof, A/C, and HWH all just 5 years old! Plus, an in-ground sprinkler system w/new pump & smart home technology. This community offers private country club-style living with an 8,000 sq. ft. clubhouse, fitness center, pool w/ a two-story slide, tennis, pickle-ball, volleyball, daily food trucks and more! Upstairs, you'll find a large Bonus Room, which could easily serve as a playroom, home theater, or additional entertainment area. This level also includes another spacious bedroom and a full bathroom, making it perfect for visitors, older children, or anyone needing a little more privacy. The Bonus Room's size makes it incredibly versatile, offering options for future customization. This subdivision is a true reflection of a close-knit, vibrant community where neighbors feel like family. With street lights and sidewalks, and beautifully designed homes, the neighborhood exudes warmth and charm. Residents take pride in their sense of belonging, and the community's social calendar is always filled with events that bring everyone together especially for the Halloween Extravaganza, Fourth of July Kid Parade, and Christmas (they bring in the REAL Santa!) to name a few! On any given week, the food trucks park at clubhouse, offering a variety of mouth-watering options from tacos to gourmet burgers, allowing families to grab a bite and mingle. The community embraces outdoor dining and gatherings, often spilling into the streets as neighbors catch up over a meal, making it a hub of activity and fun.
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| Jan 21, 2020 | Sold | ||
| Sold | |||
| Aug 9, 2019 | Listed by D.R.Horton Realty of Melbourne | $483,204 | |
| Listed by D.R.Horton Realty of Melbourne | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017