5938 Bay Hill Circle
About This Property
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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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Dec 22, 2023 | Listed by Logan Realty Inc | $819,000 | |
| Listed by Logan Realty Inc | |||
| | |||
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This stunning 4 bedroom, 3 bath, multi-level pool home is located in the exclusive gated Bay Hill subdivision of Winston Trails golf community. The grand entryway features vaulted ceilings and opens to a spacious family room with a view of the beautiful patio, pool, and golf course. The second living area is open to an updated kitchen with stainless steel GE appliances (incl. induction stove), modern light fixtures, and plantation shutters on the light and bright windows. The home features ceramic tile downstairs and wood laminate flooring upstairs. The other numerous features include BRAND NEW ROOF 2023, BRAND NEW AC 2023, complete hurricane accordion shutters w/ hurricane impact sliders, new water heater, soft water system, new pool pump 2023, and new front loading washer/dryer. Winston Trails is one of the most established, non-equity golf communities in Palm Beach County! It is truly a family-friendly, suburban paradise. As a WT resident, you'll enjoy resort-style living without paying membership fees! Winston Trails provides 2 manned gates, patrolling security, a restaurant, golf club, and private gym on premises. The community is located in an A-rated school district with easy access to I-95, the Turnpike, and 441, and has endless options for shopping and dining nearby.
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| Dec 3, 2020 | Sold | ||
| Sold | |||
| Aug 6, 2020 | Listed by Complete Solutions Boca, Inc. | $490,000 | |
| Listed by Complete Solutions Boca, Inc. | |||
| Mar 28, 2014 | Sold | ||
| Sold | |||
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About Winston Trails
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017