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8388 Crimson Drive
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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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jun 8, 2024 | In contract | - | |
| In contract | |||
| May 25, 2024 | Listed by Coastal Life Properties LLC | $1,350,000 | |
| Listed by Coastal Life Properties LLC | |||
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Experience luxury living at its finest in the prestigious Stonecrest subdivision with this super modern home located at 8388 Crimson Drive. This beautifully designed property showcases an array of high-end finishes and architectural details that set it apart. Step inside to discover the sleek and stylish interior featuring plank wood flooring that extends throughout the home, adding a touch of elegance and warmth. The heart of the home is the chef's kitchen, equipped with pristine quartz countertops, a spacious island perfect for meal preparation and casual dining, and custom lighting that highlights the modern aesthetic.
This home includes 4 bedrooms and 3.5 baths, each thoughtfully designed to maximize space and comfort. The master suite is a true retreat, complete with luxurious amenities and stylish fixtures and custom closet. Outside, the screened pool area is a private oasis, offering stunning views of the lake and equipped with two water features, creating tranquility and more
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| Apr 21, 2021 | Sold | ||
| Sold | |||
| Jun 9, 2020 | Listed by Non-MLS or Out of Area | $699,005 | |
| Listed by Non-MLS or Out of Area | |||
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About Viera West
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Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 903994
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017