45
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71 Balsam Dr
About This Property
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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 |
|---|---|---|---|
| Sep 3, 2026 | Listed | $3,250,000 | |
| Listed | |||
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by RE/MAX Synergy | $3,295,000 | |
| Listed by RE/MAX Synergy | |||
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Welcome to your Winter Park Dream, located in Old Town Winter Park. This custom home is one of the closest proximities to Winter Park Resort and all its trails. With 3849 square feet of interior luxury living this home offers 5 bedrooms, 4 bathrooms, and multiple entertainment areas for everyone. The spacious living area features large picturesque windows displaying mountain views. Entertain in the game area or theater room complete with surround sound, wet bar, wine rack, and stadium seating. The gourmet kitchen is a chef's dream boasting a 48" Thor range, built-in microwave, custom cabinetry, and two pantries. Retreat to the luxurious primary suite with a spa-like ensuite bathroom and private covered deck. Enjoy the outdoors in the two separate hot tubs while your cars stay warm in the 2-car heated garage. Smart thermostats throughout the home allow climate control from anywhere. Turnkey VRBO and AirBnB readiness makes this a perfect investment or personal entertainer's dream. Every detail was thought of in this custom home. Make this your family's Winter Park retreat.
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| Jun 6, 2024 | Listed | $3,295,000 | |
| Listed | |||
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Welcome to your Winter Park Dream, located in Old Town Winter Park. This custom home is one of the closest proximities to Winter Park Resort and all it's trails. With 3849 square feet of interior luxury living and 4 bedrooms with an additional bonus office/sleeping space, 4 bathrooms, and multiple entertainment areas there is something for everyone. Step inside through the impressive 42-inch by 8-foot entry door and discover an entertainer's paradise. The spacious living area features large picturesque windows framing mountain views and the home offers three beautiful marble fireplaces. Entertain in the game area or theater room complete with surround sound, wet bar, wine rack, and stadium seating. The gourmet kitchen is a chef's dream boasting a 48" Thor range, built-in microwave, custom cabinetry, and two pantries. Retreat to the luxurious primary suite with a spa-like ensuite bathroom and private covered deck. The whole family will enjoy the outdoors in the two separate hot tubs while your cars stay warm in the 2-car heated garage. Smart thermostats throughout the home allow climate control from anywhere. Turnkey VRBO and AirBnB readiness makes this a perfect investment or personal entertainer's dream. Every detail was thought of in this custom home. Make this your family's Winter Park retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017