8338 W Blue Spring Drive
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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%.
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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 |
|---|---|---|---|
| Dec 23, 2022 | Sold | ||
| Sold | |||
| Oct 27, 2021 | Listed by Maltbie Realtors | $549,990 | |
| Listed by Maltbie Realtors | |||
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Resort-Style Villas at The Falls at Parkland. Gated 55+ community, little-to-no maintenance. 24,000sf clubhouse - theater space, card rooms, billiards, ballroom, lounge, on-site café. State-of-the-art fitness center. Resort-style pool and spa. Outdoor kitchen and lounge. Pickleball and bocce. St Marten villa main-level living, 2/2 Split with flex/study. Large GOURMET Kitchen island and dining, spacious Great Room.Owner’s double vanity, large walk-in closet. Convenient laundry. Covered lanai. WIFI garage opener and NEST thermostat. **Closing cost assistance available from Builder’s affiliated lender**. DISCLAIMER: Prices, and offers subject to change w/o notice. Lot Premium may apply. All photos are stock photos of this floor plan. Actual home may differ from photos.
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About Parkland
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017