8224 REVELS ROAD
About This Property
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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 17, 2026 | Listed by LPT REALTY, LLC | $1,275,000 | |
| Listed by LPT REALTY, LLC | |||
| Jun 26, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | In contract | - | |
| In contract | |||
| Apr 12, 2024 | Price Decreased |
$995,000
↓ $5K
(0.5%) | |
| Price Decreased | |||
| Mar 15, 2024 | Listed by KELLER WILLIAMS GULFSIDE RLTY | $1,000,000 | |
| Listed by KELLER WILLIAMS GULFSIDE RLTY | |||
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Nestled along the serene Alafia River, this captivating estate sprawls almost two acres, enveloped in unparalleled privacy. Featuring 4 bedrooms, 3.5 baths, and a two-car garage, this home is a sanctuary of luxury living. From its vantage points, multiple porches offer sweeping vistas of the riverfront, while a wooden dock and separate floating dock beckon boating enthusiasts to embark on aquatic adventures. Downstairs the large 4th bedroom is completely adaptable to your desires, whether as a bedroom, game room, home gym, or executive office space. The main living area, adorned with expansive windows and a gas fireplace, exudes warmth and sophistication, complemented by abundant storage solutions throughout. Step onto the sprawling screened-in back porch, seamlessly extending your living space into the embrace of nature. A short walk outside you will find a generous pool with a lanai that invites relaxation, surrounded by lush Florida-native landscaping and a meticulously maintained small orchard boasting a variety of produce, including oranges, Meyer lemons, limes, Hass avocados, mango, starfruit, grapefruit, plums, blueberry bushes. Meticulously cared for and exuding character, this residence has been thoughtfully updated with modern touches. Revel in the luxury of new quartz countertops, a Blanco sink and freshly painted cabinets in the kitchen, alongside a modern gas five-burner range. The kitchen boasts a reverse osmosis system, while the whole house is equipped with a water treatment system and water softener for comprehensive water quality enhancement. Recent enhancements include a saltwater conversion for the pool, a new variable speed pool pump (2022), water heater (2017) and a new well pump (2021). Additional updates encompass new interior and exterior paint (2021), new AC units with remaining warranties (2021), a new septic tank (2017), and a metal roof (2014). For added convenience and peace of mind, a new generator connection with a 10-circuit, 30-amp service transfer switch was installed in 2022. The previous occupants owned a Tesla, and while the power remains connected, the charging box is no longer present. Experience the epitome of luxury living amidst the tranquility of the Alafia River, where every detail embodies refined elegance and timeless charm. Don't miss out on the opportunity to experience the splendor of this home firsthand. Schedule your showing today and prepare to be captivated!
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About Riverview
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$2,500 /mo
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$2,850 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017