574 Old Oak CIRCLE
About This Property
3 bedrooms, 3 FULL bathrooms offer both comfort and style. PLUS one bath has easy pool access for those pool party guests. NEWER TILE ROOF ONLY 2 YEARS OLD ($30,0000 peace of mind for 20+ years), 1 YEAR OLD HOT WATER HEATER, professionally landscaped gardens, and a 3-car garage with epoxy flooring add practicality and flair.
Nestled in established Oak Trail at the end of a cul-de-sac where neighbors stroll the one mile loop with the lake and lit fountain as its center piece, tranquility reigns. Enjoy the ornate fenced-in backyard, irrigation system on reclaimed water and tree-lined streets of Oak Trail. Convenience is key, with amenities nearby-from downtown Palm Harbor to Honeymoon Island. Situated in a NON-FLOOD ZONE, with incredibly LOW HOA (only $695/year) and zoned for Palm Harbor University High School, this home offers both luxury and peace of mind.
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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 23, 2024 | Sold | ||
| Sold | |||
| Jul 13, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Price Decreased |
$760,000
↓ $50K
(6.2%) | |
| Price Decreased | |||
| Jun 8, 2024 | Price Decreased |
$810,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Jun 4, 2024 | Price Decreased |
$820,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017