8443 Logia Circle
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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 |
|---|---|---|---|
| Sep 9, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Jul 23, 2024 | Listed by By The Sea Realty, Inc. | $399,000 | |
| Listed by By The Sea Realty, Inc. | |||
| Aug 3, 2020 | Sold | ||
| Sold | |||
| Jun 22, 2020 | Listed by RE/MAX Direct | $269,000 | |
| Listed by RE/MAX Direct | |||
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Move in ready two bedroom, plus den, two bathroom villa located in Venetian Isles. Highlights in this immaculate home include an living room, dining area, a screen enclosed patio, flawless laminate flooring, new A/C, an abundance of natural light, accordion shutters and a neutral decor. The updated chef's kitchen features granite countertops, full granite backsplash under cabinet lighting, stainless steel appliances, high hat lighting and a snack bar. Spacious main retreat with a large a custom walk-in closet, quartz countertops and a walk -in shower. Spend warm Florida evenings on the extended screen enclosed patio with a serene lake view. Located close to shopping, dining, entertainment, major highways and airports Venetian Isles boasts first class amenities that include a clubhouse, resort style pool, sauna, har-tru tennis courts, theater, ballroom, fitness center, billiards, card rooms, library and many clubs and activities. Located close to shopping, dining, entertainment, major highways and airports.
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About Melrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017