8070 LAKECREST Drive
About This Property
A golf course ''mini'' estate home unlike any other in Deerwood Country Club. Situated on 2 separate parcels (one of them buildable) on a private cul-de-sac, you will feel as though you are in a world of your own! Upon entering the Spanish style courtyard adorned with a water feature, stoned paved walkway and breathtaking architectural arches, you will be transported to an entirely different place and time. It is all in the details, rounded archways, hexagon terra-cotta tiles from Mexico throughout, custom hand painted tile work in the entryway, wood beams vaulted ceilings, and built in book shelves, to name a few. This home was meant for hosting, with 2 large living spaces, a massive dining room, multiple outdoor living spaces. Did we mention....the MULTIPLE golf views and lake views from almost every room? This home is waiting for a new owner to come and make their own family memories. Do not miss this unique opportunity.
Pool heater being sold, "AS IS". The Primary suite and Dinning Window Treatments do not convey.
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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 |
|---|---|---|---|
| Nov 6, 2021 | Sold | ||
| Sold | |||
| Sep 8, 2021 | Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | $1,295,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES FLORIDA NETWORK REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017