7987 SW 89TH CIRCLE
About This Property
World. The Irons 9, future chip and putt golf course, will be directly behind this home with views of the 1st tee
and the 9th hole. This 3 bedroom, 2 bathroom home with a wide 2 car garage has a unique floorplan with a flex
room, spacious kitchen, and a great room. The flex room is perfect for a formal living room, dining room, OR
an entertainment space for a pool table or piano. The kitchen is a hostess delight with a massive quartz island.
White kitchen cabinets with crown molding and stainless steel appliances give a timeless look. Plus the seller is
giving a $2500 appliance allowance for a new refrigerator, washer, and dryer. Other thoughtful upgrades
include tile throughout, shutter blinds, crown molding, and a brick paver patio for enjoying the privacy views.
Weybourne Landing has curbside waste collection and kiosk mail. Amenities at Weybourne include pickleball,
swimming pool, fitness center, and clubhouse and for an annual fee, the On Top of the World amenities can be
added.
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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 |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| May 27, 2025 | Listed by ON TOP OF THE WORLD REAL EST | $360,000 | |
| Listed by ON TOP OF THE WORLD REAL EST | |||
| Apr 1, 2025 | Relisted | $360,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017