5901 Cessna RUN
About This Property
All four bedrooms are conveniently located on the first floor with the second floor offering a huge bonus room with a wet bar, GE Monogram beverage center and full bathroom, making it a great space to entertain! The cook of the house will love the Chef's kitchen outfitted with GE Profile appliances with Gas Range with Hood, built in Oven and Mircowave and walk in pantry with wooden shelving. In the owners suite you'll find sliders giving you easy access to the lanai and pool deck, tray ceiling, dual closets, dual vanities, walk in shower and a soaking tub to relax.
Enjoy your full golf membership to the 36-hole course which is included in HOA fees along with grounds and landscaping maintenance! Additional resort-style amenities include a 24 hour gated entrance, grand clubhouse, state-of-the-art fitness center, lighted clay tennis courts, beach entry lagoon pool, casual poolside dining, full-service spa and pickleball courts! Come see this beautiful home for yourself and look forward to living the true Florida lifestyle!
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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 |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 6, 2024 | In contract | - | |
| In contract | |||
| Jan 31, 2024 | Price Decreased |
$1,185,000
↓ $10K
(0.8%) | |
| Price Decreased | |||
| Dec 20, 2023 | Price Decreased |
$1,195,000
↓ $55K
(4.4%) | |
| Price Decreased | |||
| Nov 10, 2023 | Listed by CATALIST REALTY LLC | $1,250,000 | |
| Listed by CATALIST REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017