8 RICKENBACKER DRIVE
About This Property
The spacious primary suite includes a walk-in closet, creating a private and comfortable retreat. You'll also enjoy an all-season Florida room-perfect for relaxing or entertaining year-round.
Outside, the generously sized yard provides space for gatherings, gardening, or outdoor play. The extra-wide garage adds even more value with built-in cabinets and a convenient sink next to the washer and dryer.
With just a few updates and your personal touch, this home is a great opportunity to create your own happy place. Located in the desirable Lehigh Woods subdivision of Palm Coast, you're close to parks, schools, shopping, dining, and just a short drive to the beach.
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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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 21, 2025 | Price Decreased |
$269,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$275,000
↓ $4K
(1.4%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$279,000
↓ $21K
(7%) | |
| Price Decreased | |||
Property Highlights
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About Lehigh Woods
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017