460 Michigan Estates CIRCLE
About This Property
entertain! This home offers comfort, convenience and entertainment possibilities. Tile and laminate flooring
throughout the main floor make for easy maintenance while the carpeting in the bedrooms adds warmth
and comfort. The open kitchen with granite countertops and stainless steel appliances is sure to be a
highlight making cooking and hosting a breeze. Upstairs, the theater room is fantastic additon for moving
nights or watching your favorite sport games. The open loft area with kitchenette provide even more space
for relaxing or entertaining! Enjoy a tranquil pond view on the large rear covered patio perfect for outdoor
grilling and entertaining. Only 10 minutes from Lake Front Park, and 45 minutes from central Florida
theme parks, shopping and dining! Book your showing today!
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Price Decreased |
$530,000
↓ $8K
(1.5%) | |
| Price Decreased | |||
| May 30, 2024 | Price Decreased |
$538,000
↓ $1K
(0.2%) | |
| Price Decreased | |||
| May 16, 2024 | Price Decreased |
$539,000
↓ $12K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017