4986 Elm Leaf DRIVE
About This Property
Southern Hills Plantation offers a premier, manned, and gated entrance showcasing a Pete Dye 18-hole Signature Golf Course where outdoor lifestyle living is at its finest. The elegant plantation-styled Southern Hills Clubhouse overlooks stunning rolling topography and the Pete Dye Signature golf course. You'll love the Har-Tru clay surface tennis courts, pickleball courts, a full-service fitness center, a swimming pool and spa, formal and informal restaurants, a putting green, and a driving range.
If you are looking for a fabulous semi-custom new home priced below the market in a premier community, then this home is for you!
One or more photos have been virtually staged. NO CDD!
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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 |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 1, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Relisted | $620,000 | |
| Relisted | |||
| Aug 26, 2024 | In contract | - | |
| In contract | |||
| Aug 12, 2024 | Listed by TROPIC SHORES REALTY LLC | $620,000 | |
| Listed by TROPIC SHORES REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017