60
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5602 SQUIRES DRIVE
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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 |
|---|---|---|---|
| Oct 12, 2026 | Price Decreased |
$390,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Sep 22, 2026 | Price Decreased |
$400,000
↓ $20K
(4.8%) | |
| Price Decreased | |||
| Sep 4, 2026 | Listed by FLORIDA PLUS REALTY, LLC | $420,000 | |
| Listed by FLORIDA PLUS REALTY, LLC | |||
| Jul 10, 2026 | Listed by FLORIDA PLUS REALTY, LLC | $420,000 | |
| Listed by FLORIDA PLUS REALTY, LLC | |||
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Grab your phone and call your real estate agent! It’s time to get serious about that Central Florida home purchase! Offering a nearly 2000 square foot, three-bedroom, two-bathroom Scarsborough Model with both enclosed Florida Room and large screened lanai in the sought-after gated, golf community of Royal Highlands! Conservation views, stunning landscaping, new paint on the exterior (and interior!), plus updates GALORE! Upon entry, your senses will be drawn in all directions! Vibrant, Florida tones, new flooring (2024 Mohawk laminate & updated carpets), converted Butler’s Pantry, 2025 Roof, 2020 HVAC, and 2023 gas water heater! The cook’s kitchen is the heart of this exceptional home. Newly renovated in 2024, with updated cabinetry, under cabinet lighting, granite counters, tiled backsplash, all stainless appliance package, touch faucet, and ten-foot large island with sink. This split bedroom floor plan has high ceilings, TONS of natural light, casual and formal dining areas, a formal living room and a spacious family room so that you don’t miss a thing! Family gatherings, parties with friends, hosting visitors are what this home is all about! Peace of mind with a transferable termite bond, new gutters & downspouts, clean air ducts, whole-house generator, BBQ gas line, new sliders and screens, newer washer & dryer, brand new toilets, and newly sealed brick pavers all around! You asked for MOVE-IN ready and we delivered! All carpets and the entire home have been professionally cleaned. Additional features worth mentioning include the chair rail, gas range, screened entry, tray & vaulted ceilings, dual vanities, jetted tub, Roman Shower in the master, updated fans, oversized garage, updated hardware, soft-close cabinets, and access to Florida Room from all main living areas! This darling property can be yours! 55+, golf community with two pools, fitness center, driving range, on-campus restaurant, courts, library, event center and billiards! Tons of clubs and activities to join, friends to make, and a retirement like you’ve worked so hard for! Come see us today!
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| Oct 5, 2023 | Sold | ||
| Sold | |||
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About Royal Highlands
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017