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501 LA PLAYA CIRCLE
About This Property
Step inside to a bright, open-concept living area featuring NEW LVP FLOORING installed in March 2026, modern baseboards, and a stylish wood-paneled feature wall that adds warmth and character to the living room. Electrical switches and outlets were also updated in 2026, giving the interior an even more refreshed feel. The spacious kitchen sits at the heart of the home and features abundant cabinetry and an expansive center island with plenty of room for meal prep, storage, casual dining, and entertaining.
The primary bedroom offers a spacious en-suite bathroom with dual vanities and a separate shower area for added privacy. A comfortable guest bedroom and second full bathroom provide additional space for family and visitors.
One of the home's standout features is the impressive bonus room, measuring approximately 10' x 30'! With its generous size, this flexible space could serve as an additional living or entertaining area, home office, hobby room, game room, or a combination of uses.
Step outside to the patio and take in peaceful views of the lake, creating a relaxing backdrop for morning coffee or evenings at home. A large attached shed beneath the covered carport provides excellent additional storage and conveniently houses the washer and dryer. The property also features aluminum siding and an in-ground sprinkler system.
Major improvements provide even more value and peace of mind, including a NEW ROOF in November 2022, NEW A/C in December 2022, four professionally installed hurricane tie-downs in 2025, and a professionally installed vapor barrier with added underfloor insulation in 2026.
With its spacious layout, extensive recent updates, lake views, and inviting Florida feel, this home is ready to enjoy. Come discover everything 501 La Playa Circle in La Casa has to offer!
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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 6, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Listed by GRANT TEAM REAL ESTATE, LLC | $194,999 | |
| Listed by GRANT TEAM REAL ESTATE, LLC | |||
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 13, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Price Decreased |
$205,000
↓ $25K
(10.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017