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7701 Hoffy Circle
About This Property
Located in the sought-after neighborhood of Lake Charleston, this 4-bedroom, 2.5-bath home offers plenty of space and potential. The well-designed layout features generous living areas, a 2-car garage, and a backyard that comes complete with a pool. While the original roof remains intact with no active leaks, the home presents a fantastic opportunity for personalization.
Enjoy the perks of a low HOA, which includes fiber internet and cable, all within a beautifully maintained neighborhood zoned for top-rated schools in Palm Beach County.
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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 30, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Listed by Coastline Realty, Inc. | $549,000 | |
| Listed by Coastline Realty, Inc. | |||
| | |||
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Spacious 4-Bedroom Home with Pool in a Desirable Neighborhood! Located in the sought-after neighborhood of Lake Charleston, this 4-bedroom, 2.5-bath home offers plenty of space and potential. The well-designed layout features generous living areas, a 2-car garage, and a backyard that comes complete with a pool. While the original roof remains intact with no active leaks, the home presents a fantastic opportunity for personalization. Enjoy the perks of a low HOA, which includes fiber internet and cable, all within a beautifully maintained neighborhood zoned for top-rated schools in Palm Beach County.
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| Oct 31, 2008 | Sold | ||
| Sold | |||
| Sep 15, 2003 | Sold | ||
| Sold | |||
Property Highlights
Building Info
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Price/ft²
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About Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017