5043 Solar Point Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by RE/MAX Prestige Realty/RPB | $695,000 | |
| Listed by RE/MAX Prestige Realty/RPB | |||
| | |||
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Welcome to this exquisite 5-bedroom, 3-bathroom home nestled in a serene private community, situated on a tranquil cul-de-sac. Boasting a 3-car garage and a wealth of amenities including a community pool, gym, and sports fields, this property offers the epitome of luxurious living.
As you step into the backyard, prepare to be captivated by breathtaking sunset views, creating the perfect backdrop for relaxation and outdoor gatherings. The screened patio provides an ideal retreat for enjoying the gentle evening breeze.
This two-story residence, located in the prestigious community of Nautica Isles, features one bedroom on the first floor and four upstairs, including an oversized master bedroom. The master suite is a sanctuary in itself, complete with a spacious en suite bathroom, in hers walk-in closets, a cozy sitting room, and a sprawling balcony overlooking the lush surroundings.
Situated on one of the larger lots in the area, this property boasts a plethora of fruit trees and a spacious side yard, perfect for pets or children to roam and play freely.
The kitchen is equipped with stainless steel appliances installed just two years ago. Recent updates include new backsplash and kitchen panel molding, ensuring a modern and stylish aesthetic.
This home is not only beautiful but also practical, with recent improvements such as a new A/C unit installed just two months ago and new flooring in the downstairs bedroom. The property is fully fenced for privacy and security, with exterior painting completed in April 2022.
Additional features include pavers extending from the front to the backyard and new hurricane impact windows installed on the second floor in 2023, offering peace of mind during storm season.
The HOA fees are reasonable and provide access to a range of amenities, including a manned gate, clubhouse, community pool, tennis and basketball courts, fitness room, and tot lots.
Conveniently located near major highways, shopping centers, dining options, gyms, and just a short 12-minute drive to the nearest beaches, this home offers the perfect blend of luxury, comfort, and convenience.
Don't miss this opportunity to make this stunning property your own. Join us for the property's first showing at the Open House on Saturday, May 4th, from 11 am to 3 pm. Schedule your viewing today!
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| Sep 2, 2021 | Sold | ||
| Sold | |||
| Jun 3, 2021 | Listed by Community Realty Associates | $480,000 | |
| Listed by Community Realty Associates | |||
| Jun 15, 2004 | Sold | ||
| Sold | |||
Property Highlights
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About Nautica Isles
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$2,500 /mo
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- 1,924 ft²
$2,500 /mo
- 3 Beds
- 1 Bath
- 1,924 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017