7851 SE Double Tree Drive
About This Property
Discover elegant Florida living in this beautifully renovated 3-bedroom, 3-bath home in the exclusive gated community of The Falls at Lost Lake. The updated kitchen features granite countertops and stainless steel appliances, while the spacious living area includes custom-built-ins and a flexible office nook. Enjoy peace of mind with recent upgrades including a new roof, full-home generator, impact windows, and accordion shutters. Step outside to your private tropical oasis with a custom pool & spa, solar heating, and a chiller for year-round comfort. Ideally located near beaches, golf, dining, and shopping, this community also offers scenic paths for walking, biking, and relaxation.
Florida living at its finest-schedule your tour today!
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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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Apr 9, 2025 | Price Decreased |
$999,000
↓ $51K
(4.9%) | |
| Price Decreased | |||
| Mar 2, 2025 | Price Decreased |
$1,050,000
↓ $75K
(6.7%) | |
| Price Decreased | |||
| Jan 21, 2025 | Price Decreased |
$1,125,000
↓ $70K
(5.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017