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7314 Kea Lani Drive
About This Property
This 3BD/2BR 2 car garage, single-family home with its zen like backyard overlooking the water, brings nothing but peace. This home was very well kept, in immaculate condition and move in ready.
Community amenities include a clubhouse, a restaurant tennis courts, heated pools, a hot tub, and walking trails. Valencia Isles is the ideal location for active adults with its many activities available on-site. It's location is convenient to shopping malls, fine dining, parks, theaters, cultural and religious facilities and major thoroughfares. Property is sold "AS IS" ...
Disclaimer: All information provided including but not limited to square footages and lot sizes is deemed reliable, but is not guaranteed and should be independently verified.
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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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | Listed by EXP Realty LLC | $518,000 | |
| Listed by EXP Realty LLC | |||
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About Valencia Isles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017