7570 Preservation DRIVE
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 18, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Oct 24, 2024 | Listed by MICHAEL SAUNDERS & COMPANY | $1,800,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Jan 30, 2019 | Sold | ||
| Sold | |||
| Jul 8, 2017 | Listed | $1,150,000 | |
| Listed | |||
| | |||
|
Perfectionists live here. Step through the front door to an amazing and extremely well kept home with all the amenities one could ask for. This former Rutenberg model home is a knockout with volume ceilings, abundant plantation shutters, crown molding, 3 gas fireplaces, a great flowing open floor plan, 4 bedrooms plus an office and a huge outdoor covered living area off the family rooom and pool complete with summer kitchen and fireplace. The master suite has a massive walk in closet, breakfast bar with refrigerator and a huge master bath with garden tub and center island. Overlooking a gorgeous lake (169' of waterfront) and set on a 3/4 acre lot, this home has that certain je nais ce quoi. You'll enjoy large rooms, open spaces, lots of natural light and a pool complete with stepping pads, huge hot tub with a waterfall and fountains. The family room opens to the pool and massive outdoor living area with a corner pocket sliding glass door system that opens up the indoors to the outdoors and vice versa. The home was recently painted and has been impeccably maintained by the current owners. The Preserve at Heron Lake is a gated enclave which won the "Civic Beautiful Award" in December from the Sarasota Garden Club, Inc. The award is for the "outstanding, preserve-oriented landscaping" at the front gate and fountains. Be sure to put this one on your "must see" list today, you'll be glad you did! The manager has listed the unit size as 4070 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017