8465 SPLIT CREEK CIRCLE
About This Property
Enjoy peace of mind with major updates already taken care of-a new roof in 2020, along with a HVAC system and water heater updated just three years ago. The home also features modernized electrical, ensuring efficiency and reliability.
With large bedrooms, there's plenty of space to relax and unwind. Step outside to your covered lanai, perfect for enjoying Florida's sunshine year-round. The large fenced yard, sitting on a third of an acre, provides privacy and space for outdoor activities, plus a storage shed for extra convenience.
Located just minutes from shopping, dining, and entertainment, this home offers the perfect balance of tranquility and accessibility.
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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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Feb 13, 2025 | Price Increased |
$325,000
↑ $10K
(3.2%) | |
| Price Increased | |||
| Feb 11, 2025 | Listed by MARK SPAIN REAL ESTATE | $315,000 | |
| Listed by MARK SPAIN REAL ESTATE | |||
| Dec 13, 2018 | No longer available | - | |
| No longer available | |||
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About Wilder Brooke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017