7706 Hoffy Circle
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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 30, 2024 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Compass Florida LLC | $515,000 | |
| Listed by Compass Florida LLC | |||
| | |||
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Welcome to your dream home in the highly sought-after community of Lake Charleston! This charming 3-bedroom, 2-bath single-story residence offers the perfect blend of comfort and convenience. Located within an A-rated school district and just minutes away from major highways, restaurants, and shopping, the location couldn't be better for families or commuters alike.
Step inside to discover a spacious kitchen, perfect for cooking and entertaining, and a custom-built entertainment center that makes the living area a true focal point. The large master bath provides a relaxing retreat, complete with modern fixtures and plenty of space. Outside, enjoy the big backyard, ideal for hosting gatherings or simply unwinding in your private outdoor space. This home truly has it all and is ready for its next owner to enjoy the best of Lake Charleston living!
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| Dec 5, 2017 | Sold | ||
| Sold | |||
| Oct 1, 2017 | Listed by Exit Realty Premier Inc. | $315,000 | |
| Listed by Exit Realty Premier Inc. | |||
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About Lake Charleston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017