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7351 Sterling Falls Lane W
About This Property
This spacious 3-bedroom, 2.5-bath single-family home offers comfortable living in a beautifully maintained, manned-gated community.
Enjoy the Florida lifestyle from your large covered and screened-in Florida room, perfect for relaxing or entertaining year-round.
Inside, you'll find a bright, open layout designed for both style and convenience. The vaulted ceilings and primary bedroom's walk in closet provide an additional layer of luxury to this already well maintained home. Beautiful ceramic tile is featured throughout the home. Residents of Lakeridge Falls enjoy resort-style amenities including a community pool, fitness center, clubhouse, billiard room, ballroom, arts & crafts room, and a dry sauna. Outdoor enthusiasts can take advantage of tennis and pickleball courts, while the active social calendar ensures there's always something fun to do.
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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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 29, 2026 | In contract | - | |
| In contract | |||
| Mar 5, 2026 | Price Decreased |
$449,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jan 10, 2026 | Price Decreased |
$459,000
↓ $20K
(4.2%) | |
| Price Decreased | |||
| Oct 15, 2025 | Listed by EXP Realty LLC | $479,000 | |
| Listed by EXP Realty LLC | |||
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About Pipers Glen
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017