5301 Angel Wing Drive
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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.
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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 31, 2025 | Sold | ||
| Sold | |||
| Aug 18, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by LPT Realty, LLC | $639,000 | |
| Listed by LPT Realty, LLC | |||
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Step into this beautifully renovated true 3-bedroom, 2-bath home in desirable Cascade Lakes. Cypress III model -- airy, bright, and thoughtfully redesigned inside and out. This home features soaring ceilings and an open-concept layout that enhances its spacious feel. Recent upgrades include a new roof (2023), impact windows and doors (2020), A/C system (2022), and water heater (2020). Elegant 30x30 porcelain floor tile flows seamlessly throughout.The kitchen is a standout with custom white wood cabinetry, quartzite countertops, a pantry with pull-out drawers, and stainless-steel appliances. The generous primary suite offers walk-in closets with custom organizers and a spa-like ensuite bathroom with quartzite counters, custom cabinetry, and an oversized walk-in shower.
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| Sep 15, 2017 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $365,000 | |
| Listed | |||
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POPULAR CYPRESS III MODEL ON THE CENTER OF THE LAKE. TRUE 3 BEDROOM 2 BATH HOME NEWER A/C ( 2013 ) & HOT WATER HEATER EXTENDED LANAI WITH SEALED TILE FLOORING.GARAGE IS ALSO AIR CONDITIONED. CASCADE LAKES HAS ONE OF THE FINEST AMENITY PACKAGES INCLUDING INDOOR OUTDOOR POOL. STATE OF THE ART FITNESS CENTER. CLUBHOUSE REDONE IN 2012. BALLROOM FOR FUNCTIONS & SHOWS., LIBRARY & BILLIARD ROOM. EXTREMELY ACTIVE TENNIS COMMUNITY WITH PRO ON STAFF. THERE IS A 2 MONTH CAPITAL CONTRIBUTION DUE AT CLOSING. The manager has listed the unit size as 2702 square feet.
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About Lester
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The Keyes Company
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R10345216
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