561 Crystal Lake Drive
About This Property
Spacious 4 Bed/2.5 Bath Pool home on .35/acre with stunning lake views! Just under 2500 sq. ft - you will have plenty of room for the whole family! Formal living room with fireplace and formal dining room with sliders to an outside deck,eat in kitchen open to family room with a 2nd fireplace and sliders to the covered lanai and screened in pool area. Enormous master retreat with sliders to a private atrium- glass etched french doors to a huge bath with soaking tub, separate shower and double sinks. Three guest suites, one with double french doors and private entrance to hall bath. Indoor laundry with sink, folding table and cabinetry leads you to the oversized 2 car garage. Circular driveway for plenty of parking. Roof 2 yrs old & A/C 6 yrs - Just imagine relaxing on your lake gazebo as the sunsets watching the Sandhill Cranes make their way to their home on the Island in the evening. Walk to shops, just up the street to I-95 acess, Walmart, Target and The Avenue Viera, minutes from the beach - Don't delay - start the next chapter in your new home today!
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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 |
|---|---|---|---|
| Aug 5, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Charles Rutenberg Realty | $399,900 | |
| Listed by Charles Rutenberg Realty | |||
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About Suntree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017