650 CHERRY GROVE Road
About This Property
The primary bedroom suite is a haven of relaxation, featuring a spa-like en-suite bathroom. The remaining bedrooms offer ample space and comfort, ensuring privacy and tranquility for all residents.
Step outside to discover a heated pool and spa, offering the perfect retreat for unwinding after a long day.
Residents of this community enjoy access to a communal pool, adding to the array of amenities available. With a garage for convenient parking and a golf cart included, this home effortlessly combines luxury and practicality.
Don't miss the opportunity to make this exquisite property your own. Experience the epitome of refined living at 650 Cherry Grove Road. Contact us today for a private tour and embrace the lifestyle you deserve.
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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 |
|---|---|---|---|
| Sep 30, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Price Decreased |
$699,400
↓ $90K
(11.4%) | |
| Price Decreased | |||
| Aug 1, 2024 | Price Decreased |
$789,400
↓ $90K
(10.2%) | |
| Price Decreased | |||
| Jun 26, 2024 | Listed by COMPASS FLORIDA LLC | $879,400 | |
| Listed by COMPASS FLORIDA LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017