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7179 Demedici Circle
About This Property
The house comes complete with hurricane shutters while the maintenance fee covers cable, lawn care, exterior maintenance, an on-site manager, security and common area maintenance. Vizcaya offers a 55+ lifestyle with a manned gate for your security. This very active community offers a full compliment of recreational amenities including an Olympic sized community swimming pool, six Har-Tru tennis courts, a state-of-the-art 22,000 Square foot clubhouse, a fully equipped fitness facility, a billiards room, card rooms and a theater. The social director on staff will keep you busy with the many planned activities and excursions.
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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 |
|---|---|---|---|
| May 8, 2020 | Sold | ||
| Sold | |||
| Mar 17, 2020 | Listed by Coldwell Banker Realty | $363,000 | |
| Listed by Coldwell Banker Realty | |||
| Mar 7, 2020 | No longer available | - | |
| No longer available | |||
| Jan 22, 2020 | Price Decreased |
$369,999
↓ $9K
(2.4%) | |
| Price Decreased | |||
| Dec 11, 2019 | Price Decreased |
$379,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
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About Vizcaya
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017