738 CYPRESS CROSSING Trail
About This Property
Step inside to find a beautifully remodeled kitchen equipped with high-quality granite countertops and ample storage space, sure to delight those who love to cook and dine. The entire home boasts elegant hardwood flooring, contributing to a warm and inviting atmosphere throughout.
The expansive master suite includes a large closet and access to a covered lanai, providing a private retreat where you can relax and enjoy the scenic views. The practicality continues with a three-car garage, ensuring plenty of space for vehicles and storage. Within the community, you are provided with exclusive access to exemplary amenities including three refreshing pools, a state-of-the-art fitness center, multiple green spaces, tennis and pickleball courts, and a nature walk leading to the intercostal waterway. Just a short walk away is the Palencia Park, perfect for outdoor activities and family picnics, and the convenient Publix Super Market at The Shoppes at Palencia Commons for all your shopping needs. Zoned for the top rated schools of Palencia Elementary, Pacetti bay middle school, and Allen D Nease High school.
This property is ideal for those seeking a blend of luxury and convenience in a vibrant community. With no carpet to worry about, maintenance is a breeze, leaving you more time to enjoy the myriad of community features. Schedule your visit to 738 Cypress Crossing Trail and step into the lifestyle you deserve.
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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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 24, 2024 | In contract | - | |
| In contract | |||
| Nov 23, 2024 | Listed by REAL BROKER LLC | $699,000 | |
| Listed by REAL BROKER LLC | |||
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This freshly updated, stunning 5-bedroom, 3-bathroom home in the desirable, gated community of Palencia offers 2,804 square feet of thoughtfully designed living space. Recent updates include elegant new flooring, fresh paint, new quartz countertops, backsplash, and updated lighting. The kitchen features ample storage and a layout perfect for cooking and gathering. The spacious master suite includes a large walk-in closet and private access to the covered lanai, ideal for relaxation. A 2021 roof and a three-car garage add value and convenience.
Enjoy Palencia's top-tier amenities, including three pools, a fitness center, tennis and pickleball courts, and nature trails to the Intracoastal. Palencia Park and nearby shops, including Publix, are just a short walk away. Zoned for top-rated schools—Palencia Elementary, Pacetti Bay Middle, and Allen D. Nease High—this home offers a blend of luxury and practicality. Schedule your tour today
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| Jul 8, 2024 | Sold | ||
| Sold | |||
| Jun 21, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017