6505 Sandpiper Drive
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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 |
|---|---|---|---|
| Jul 16, 2026 | Sold | ||
| Sold | |||
| Jun 16, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by Compass Florida LLC | $575,000 | |
| Listed by Compass Florida LLC | |||
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Welcome Home! Located in the highly desirable Regency Lakes community within the Sandpiper subdivision, this beautifully maintained 3-bedroom, 2-bath single-story home offers over 1,750 square feet of living space. Featuring a desirable three-way split bedroom floor plan, this home provides both privacy and functionality. The updated kitchen showcases granite countertops, a tumbled marble backsplash with decorative mural insert, and is equipped with a brand-new range/stove, microwave, dishwasher, and hot water heater. Enjoy year-round comfort and efficiency with a newer A/C system. The spacious primary suite features dual closets, while the luxurious primary bath includes an oversized shower and relaxing Roman tub. Vinyl/laminate flooring in all bedrooms complements the neutral ceramic tile set on the diagonal throughout the main living areas, creating a clean and inviting feel. Additional highlights include accordion hurricane shutters, updated sinks and faucets, a tiled patio perfect for outdoor entertaining, and much more. Residents enjoy the benefits of 24-hour gated security, lawn service, AT&T 1-Gig fiber internet, and ADT home alarm monitoring, all included through the community. Regency Lakes offers outstanding resort-style amenities, including a community pool, tennis and pickleball courts, a basketball court, scenic walking trails, a clubhouse, and a fitness center. Conveniently located near major highways, highly rated schools, premier dining, and shopping destinations, this move-in-ready home offers the perfect balance of privacy, comfort, and convenience in one of the area's most sought-after communities.
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| May 29, 2014 | Sold | ||
| Sold | |||
| Apr 14, 2014 | Listed by Realestateshowcase.com | $299,900 | |
| Listed by Realestateshowcase.com | |||
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About Regency Lakes at Coconut Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017