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8176 SW 98TH TERRACE ROAD
About This Property
The thoughtfully designed floor plan includes a junior suite with its own private bath, making it ideal for guests or multigenerational living. A flex space near the front of the home provides the perfect area for a home office, hobby room, or den.
The main living areas feature luxury vinyl plank flooring, creating a bright and cohesive flow throughout the home. The gourmet kitchen is designed for both everyday living and entertaining, featuring upgraded finishes, generous counter space, and a walk-in pantry for added storage and convenience.
The primary suite offers a comfortable retreat with ample space and a well-appointed ensuite bathroom, while one additional bedroom provides flexibility for guests or additional living needs.
Residents of Candler Hills at On Top of the World, a 55+ active adult community, enjoy access to a wide range of amenities including pickleball, fitness centers, resort-style pools, walking trails, clubs, and social activities, along with convenient access to shopping, dining, and medical facilities.
This home offers an excellent opportunity to enjoy the Florida lifestyle within a vibrant and active community.
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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 15, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$560,000
↓ $25K
(4.3%) | |
| Price Decreased | |||
| Jul 2, 2026 | Price Decreased |
$585,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| May 7, 2026 | Price Decreased |
$595,000
↓ $40K
(6.3%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by ON TOP OF THE WORLD REAL EST | $635,000 | |
| Listed by ON TOP OF THE WORLD REAL EST | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017