41 LAKE LORRAINE 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%.
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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 |
|---|---|---|---|
| Mar 29, 2024 | No longer available | - | |
| No longer available | |||
| Mar 17, 2024 | Listed by Florida Investment Group LLC dba Keller Williams Realty Gulf Coast | $569,000 | |
| Listed by Florida Investment Group LLC dba Keller Williams Realty Gulf Coast | |||
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Open house Sunday 3/24 11 am -2pm This beautifully updated home offers a light and bright contemporary feel, perfect for anyone looking for a stylish retreat. Situated on the picturesque Golf Course at Shalimar Pointe Golf and Country Club, this home features 3 bedrooms, 3 full baths, and 2048 sq. ft. of main living space. The highlight of this home is the Gunite Screened Pool, complete with an automatic pool sweep,and a 24 x 10 heated and cooled Florida Room, which offers stunning views of the golf course. This space is ideal for entertaining guests or simply relaxing in the sunshine. Inside, you'll find elegant touches through-out , high ceilings, crown mold, wood and tile floors. The Great Room features a wood floor, cathedral ceiling, and recessed lights, while the formal dining room boasts a coffered ceiling and wood floor. The kitchen is a chef's dream, with beautiful granite countertops, a tile backsplash, stainless steel appliances, custom cabinets, and a breakfast bar. The primary suite is a private oasis, with a trey ceiling, wood floor, and a view of the golf course. The ensuite bathroom features a double vanity with solid surface countertops, tile shower and a walk-in closet. On the other side of the house, you'll find the guest bedrooms, each with wood floors, ceiling fans, blinds, and ample closet space. One bedroom even has an ensuite bathroom, perfect for guests or family members. Additional features of this home include a new roof installed in 2014, a new HVAC system installed in 2019, a central vacuum system, security system, tankless water heater, sprinkler system with well, and a termite bait system around the house. Whether you're a golf enthusiast, a nature lover, or simply looking for a peaceful place to call home, this property has it all. Don't miss your chance to own this stunning home in a prime location! The manager has listed the unit size as 2500 square feet.
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| Jul 1, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | No longer available | - | |
| No longer available | |||
| May 19, 2021 | Relisted | $494,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017