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5385 Macoon Way
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 |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| Jun 8, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by KW Reserve Palm Beach | $719,900 | |
| Listed by KW Reserve Palm Beach | |||
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Welcome to a premium lakefront home in the sought-after Orchards of Westlake, where space, comfort, and everyday elegance come together beautifully. Built in 2023 and offering 5 bedrooms, 4 full baths, and 3,330 square feet, this home Minto Communities is designed for modern living with soaring ceilings, a bright open-concept layout, and generous gathering spaces that feel both polished and inviting. The heart of the home is the kitchen, featuring an extended island with granite, in-counter cooktop, double oven, wine fridge insert with power supply, and seamless flow into the living and dining areas. Thoughtful details continue throughout, including recessed lighting in the kitchen, living room, loft, and primary suite, a main-level bedroom and full bath, split-bedroom layout, walk-in closets, custom mirrors, French doors, upstairs living space, and a spacious 3-car garage. Step outside to enjoy peaceful lake views from the covered patio, with a generous backyard offering room for a pool. Located in a gated Westlake community, residents enjoy resort-style amenities including a clubhouse, pool, playground, dog park, trails, basketball court, bocce court, picnic areas, sidewalks, and more. With its lakefront setting, upgraded finishes, flexible floor plan, and access to one of Westlake's most amenity-rich lifestyles, this home is an exceptional opportunity to enjoy South Florida living at its best.
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| Apr 22, 2026 | Listed by Integritos Real Estate | $720,000 | |
| Listed by Integritos Real Estate | |||
| Aug 3, 2025 | Price Decreased |
$792,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
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About The Acreage
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 4 Beds
- 2 Baths
- 2,796 ft²
$4,250 /mo
- 5 Beds
- 6 Baths
- 3,515 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017