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4501 Southern Breeze Drive
About This Property
Coach house Details: The custom built 308 square foot coach house is finished with a full kitchen with cherry cabinetry, stainless steel appliances, granite countertops, and a built in desk. The floor plan also boasts a bathroom with shower, vanity with sink, toilet and an open living area with couch and a storage closet and laundry facilities.
Pelican Lake Motorcoach Resort Amenities & Lifestyle Ownership includes:
Newly renovated clubhouse with social events during season
fitness facility
Heated pool and spa
Newly surfaced lit pickleball courts
Public tiki huts around the pool and pickleball area.
Professionally landscaped grounds
On-site management and maintenance
Paved private roads and sidewalks
High-speed internet included in quarterly dues
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Cap Rate Calculator
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, 2026 | Sold | ||
| Sold | |||
| Jun 22, 2026 | In contract | - | |
| In contract | |||
| May 31, 2026 | Price Decreased |
$519,000
↓ $60K
(10.4%) | |
| Price Decreased | |||
| Dec 4, 2024 | Listed by Motorcoach Resort Realty, Inc | $579,000 | |
| Listed by Motorcoach Resort Realty, Inc | |||
| Jul 20, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017