501 N LEGACY Trail
About This Property
This upscale community has a 38,000 SQF Clubhouse with an auditorium, indoor heated saltwater and outdoor Pool, Tennis, Fitness, Game/Billiard/Craft Rooms. No CDD fees. No other community offers you more for $358.00 monthly HOA fee, which inludes Home Landscape Care & irrigation, Outside Pest Control, 150 TV channels, home security monitoring, gated security
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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 |
|---|---|---|---|
| Jan 24, 2019 | Sold | ||
| Sold | |||
| Nov 20, 2018 | Listed by DAVIDSON REALTY, INC. | $329,000 | |
| Listed by DAVIDSON REALTY, INC. | |||
| Apr 11, 2016 | Sold | ||
| Sold | |||
| Dec 4, 2015 | Listed by DAVIDSON REALTY, INC. | $335,000 | |
| Listed by DAVIDSON REALTY, INC. | |||
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Gorgeous lakefront home with 2BR/2BA plus a den that can function as a guest room. Located in The Cascades, a gated 55+ adult community in World Golf Village. This 2,151 sq. ft. Home features cathedral ceilings, eat in kitchen, breakfast bar, and a heated/air conditioned Sunroom with sliding tinted windows that enables you to open and close to suit your needs. The Sunroom overlooks a beautiful serene lake which makes it the perfect spot to enjoy your morning coffee or afternoon drink of choice. I guarantee the moment you set foot in this house you will want to call it home.
The house is immaculate and contains all the upgrades one can imagine. There is a custom leaded glass front door, chair rails decorate the Extended Master Bedroom and Master Bath, floor tiles are laid on the diagonal, and there is crown molding throughout the entire house. Extra insulation was added to the house as well as gutters and downspouts. The 2 car garage is large enough to accommodate an SUV. (Please see documents tab for detailed list of upgrades). The HOA dues cover 24 hour gated entry, yard/lawn maintenance, automatic sprinkler system, and 85 + channels on Direct TV. The amenities are outstanding- 22,000 square foot clubhouse with a full time Activities Director, Ballroom, Poker Room, Billiard Room, Library/Media Room, Arts and Crafts Studio with pottery wheel and kiln, tennis courts, bocce ball courts, Fitness Center, outdoor saltwater pool and jacuzzi, and an indoor saltwater heated lap pool.
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| May 30, 2015 | Listed by DAVIDSON REALTY, INC. | $339,000 | |
| Listed by DAVIDSON REALTY, INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017