7475 Estrella Circle
About This Property
Most of the windows and doors have Hurricane Accordian Shutters and the upstairs bonus room has impact windows. There are 2 small windows that do not have hurricane protection.
The home is situated on one of the best Lake lots in all of Estancia West. With over a 3rd of an acre lot with long lake views this home is priced to sell and ready for your buyers upgrades. Homes that are updated with this kind of views are closing over a million. Come take a look at this Gorgeous Home with Stunning Views, Pool and Patio area. Roof was replaced in 2006. One AC is only a few months old. The AC that controls just the upstairs bedroom is rarely used and does not know the age. I will be getting the age on the main AC.
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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 |
|---|---|---|---|
| Mar 28, 2025 | Price Decreased |
$1,725,000
↓ $74K
(4.1%) | |
| Price Decreased | |||
| Dec 3, 2024 | Listed | $1,799,000 | |
| Listed | |||
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Welcome to Estancia West, a gated community! This remodeled 5-bedroom, 3.5-bathroom home features a deep pool, a two-car garage, and sits on a premium lakefront lot. It’s a short walk to worship, shopping, and dining. Upgrades include quartz countertops, Italian porcelain flooring, a 2022 roof, and 2023 AC units. The home offers hurricane shutters, impact windows, a secure front door, smart backyard lighting, and a balcony with stunning lake views. Enjoy low HOA fees that cover basic cable and internet. Plus, it's in an "A"-rated school zone with a bus stop right at the gate.
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| Dec 17, 2023 | No longer available | - | |
| No longer available | |||
| Sep 13, 2023 | Listed by LoKation Real Estate | $2,199,000 | |
| Listed by LoKation Real Estate | |||
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Stunning 4 bedrooms plus den upstairs and 3.5 bathrooms, pool and lake front home in a private guard-gated community, Remodeled with quartz countertops and Italian porcelain floor. New roof from 2022. New AC units from 2023. With Hurricane shutter, impact window and front door. Smart backyard lights. The home is situated on one of the best lake lot in all of Estancia West. Balcony with superior lake view. Low HOA with free basic cable and internet. All A zoned schools with school bus stops at the gate. The manager has listed the unit size as 3832 square feet.
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| May 22, 2019 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Estancia of Via Verde North
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RE/MAX Services
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10463436
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Address: 335 Madison Avenue, New York, NY 10017