5836 Wake Forest RUN #103
About This Property
This home includes a full golf membership to 36 holes of championship golf and nearly every other amenity imaginable. Perfectly positioned center stage on the 18TH HOLE OF THE ARNOLD PALMER DESIGNED COMMANDER GOLF COURSE you are struck by jaw dropping views from the moment you step into your spacious great room. Your new home is immaculate and includes hurricane impact windows, built in closet systems, no carpeting, a large lanai with spectacular views, tankless water heater, ultraviolet light added to AC system, oversized 3 CAR TANDEM GARAGE to park two cars plus an additional compact car or golf cart, built-in garage storage, roll-down shade screens in the lanai, and washer and dryer. Residents of Lakewood National Golf Club enjoy a zero-entry heated pool with impressive waterfall, a lap pool, poolside restaurant and bar, 24 hour fitness center with TPI personal trainer & director, full-service spa, lighted Har-Tru tennis courts, 2 bocce ball courts, 4 pickleball courts, six additional pools, a 28,000-square-foot Grand clubhouse with full service restaurant, conference/event space, lounge areas, and 24 hour gated security. Bedroom Closet Type: Built In Closet (Primary Bedroom).
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Jan 17, 2024 | In contract | - | |
| In contract | |||
| Jan 7, 2024 | Price Decreased |
$649,999
↓ $50K
(7.1%) | |
| Price Decreased | |||
| Dec 30, 2023 | Relisted | $699,900 | |
| Relisted | |||
| Dec 24, 2023 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/29/2025
|
3 Bed
|
2 Bath
|
2108 ft²
|
$689,999
3 Bed
2 Bath
2108 ft²
|
$675,000
-2.17%
12/19/2025
|
Jason M Nolan P.A
United Realty Group Inc
| |
|
12/09/2023
|
3 Bed
|
2 Bath
|
2108 ft²
|
$699,900
3 Bed
2 Bath
2108 ft²
|
$665,000
-4.99%
02/23/2024
|
Holly Winkle
WINKLE AND COMPANY LLC
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017