7323 Floranada Way
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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 5, 2024 | Listed by Compass Florida LLC | $3,495,000 | |
| Listed by Compass Florida LLC | |||
| Nov 2, 2016 | Sold | ||
| Sold | |||
| Mar 8, 2016 | Listed by Lang Realty/ BR | $1,695,000 | |
| Listed by Lang Realty/ BR | |||
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Fabulous 3 BR, 4.5 BA + custom fitted den/lib estate home with 5080 sq ft of living space. Enter through double glass front doors into a lge LR with floor to ceiling windows with magnificent lake and golf views. Adjacent to the living room is a complete wet bar. The over sized kitchen features 42'' cabinets with granite counters and large center island and opens to a large FR. Special features include a three way split floor plan, marble flooring, crown moldings, volume ceilings, separate DR with trey ceiling, custom built-ins and all wood panels in the den/library. The over sized master suite has two lge custom closets, electronic window trtmts and sep his/her bathrooms. The large screened in patio also has open deck area w/heated pool/spa, summer Kit, long lake views of 9th Fairway.
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About Addison Reserve
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017