5151 FOREST GLENN 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%.
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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Price Decreased |
$200,000
↓ $18K
(8.3%) | |
| Price Decreased | |||
| Sep 21, 2024 | Listed by COLDWELL BANKER REALTY | $218,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Welcome to your dream home in an active 55+ community! This beautifully designed 2017-built, 2-bedroom, 2-bath residence offers 1,296 square feet of stylish and comfortable living. Step inside to find luxury vinyl flooring throughout and 9-foot ceilings that create an airy and open environment. The spacious kitchen boasts ceramic tile flooring, granite countertops, ample cabinetry, and seamlessly flows into the living and dining areas—perfect for entertaining or everyday relaxation. The large primary bedroom is a true retreat, featuring an ensuite bath with granite countertops and a stunning tiled shower. The second bedroom is ideal for guests or a home office. A bright and inviting Florida room, finished with elegant ceramic tile, adds extra living space, making it the perfect spot to enjoy the Florida sunshine year-round. This home is nestled in a vibrant 55+ community that offers a host of amenities, including a clubhouse, community pool, shuffleboard courts, a variety of social activities, and RV/boat storage. This community is conveniently located only minutes from the Gulf of Mexico and a short drive to Pine Island Beach, Rogers Park, and Weeki Wachee Springs State Park. Whether you're looking to stay active or simply enjoy a low-maintenance lifestyle, this home and community have it all. Don't miss your chance to live in this beautiful home in such an amazing community!
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| Aug 21, 2024 | Listed by COLDWELL BANKER REALTY | $200,000 | |
| Listed by COLDWELL BANKER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017