4873 Southern Breeze Drive
About This Property
This is a lakefront property with upgraded 308 square-foot coach house custom built in 2015 located in Pelican Lake motorcoach resort. Pull into this site that offers a wide open Lakeview with Southern exposure. This site has many upgrades, including a marine style pedestal, full paver block pad and extended patio with raised wall edging, A large outdoor bar with barbecue overlooking the Lakeview, custom landscaping, including four Royal Palms at the lakefront, Bismarck, Palm, and many other types of tropical plants. The landscape is also finished with tasteful night lighting.
Coach house Details:
Coach house description: this upgraded 308 square-foot coach house was custom built in 2015 with an interior floor plan including a full kitchen, full bathroom with standalone shower, shower, washer and dryer, open living area with a slider to the full lake view.
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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 |
|---|---|---|---|
| Mar 18, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Feb 15, 2026 | Price Decreased |
$599,000
↓ $20K
(3.2%) | |
| Price Decreased | |||
| Dec 28, 2025 | Price Decreased |
$619,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Dec 12, 2025 | Price Decreased |
$629,000
↓ $20K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017