7168 Lemuria CIR #1702
About This Property
The manager has listed the unit size as 2408 square feet.
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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%.
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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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed | $919,000 | |
| Listed | |||
| | |||
|
Upon entering this residence, you will immediately take note of the 11-foot high ceilings, eight-foot solid core doors, detailed millwork, and exceptional use of space. The subtle Palm Beach color palette provides warmth and a note of quality to this three-bedroom, three-bath, 2,408-square-foot condominium. Decorator features include all-new custom chandeliers by Whitman Design, plantation shutters throughout, whimsical wall coverings, mirrored backsplash that reflects the beautiful lake and garden view, and quartzite countertops on the oversized breakfast bar and kitchen. Other updates include a granite sink, stainless steel refrigerator and stove, upgraded high-hat ceiling lights, and beautiful built-in closets in the primary bedroom. A new AC and water heater complete the package. This split-floor plan condominium lives like a home, with very separate guest rooms and baths, a two-car garage with a finished floor, bonus storage, and a south-facing lanai overlooking the lake. The community offers top-notch amenities including a well-equipped gym, tennis courts, a lakeside pool with spa, and a community room. Perfectly located just two miles from the beach and one mile from Whole Foods and Mercato.
| |||
| Jan 8, 2022 | No longer available | - | |
| No longer available | |||
| Dec 21, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/04/2025
|
3 Bed
|
3 Bath
|
2408 ft²
|
$885,000
3 Bed
3 Bath
2408 ft²
|
-
-
|
Andrew Daversa PA
Waterfront Properties & Club C
| |
|
04/24/2024
|
3 Bed
|
3 Bath
|
2408 ft²
|
$919,000
3 Bed
3 Bath
2408 ft²
|
$815,000
-11.32%
08/16/2024
|
John Wright
Premier Sotheby's Int'l Realty
| |
|
10/26/2021
|
3 Bed
|
3 Bath
|
2408 ft²
|
$739,900
3 Bed
3 Bath
2408 ft²
|
-
-
|
GERALD Mathusek
Downing Frye Realty Inc.
| |
|
11/01/2019
|
3 Bed
|
3 Bath
|
2408 ft²
|
$579,900
3 Bed
3 Bath
2408 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017