8558 Pegasus Drive
About This Property
The heart of the home is the welcoming kitchen-complete with stainless steel appliances (2022), solid surface countertops, and rich hardwood cabinetry. Whether you're cooking a weekday meal or hosting Sunday brunch, this space makes it easy to connect and unwind.
Your main-level owner's suite offers the ultimate retreat with a spa-inspired bath, dual vanities, and generous closets-ideal for starting and ending each day in comfort. Upstairs, you'll find spacious secondary bedrooms, a flexible home office or study area, and a convenient laundry room (updated in 2022). The newer HVAC keeps the home cool and comfortable year-round, while hurricane shutters and screens provide peace of mind during storm season.
Step outside and embrace the community lifestyle-take a morning walk by the lake, lounge by the resort-style pool and spa, or simply enjoy the Florida sunshine from your own backyard. In Olympia Point, you're not just buying a home-you're choosing a way of life defined by comfort, connection, and care.
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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 |
|---|---|---|---|
| Dec 23, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Oct 27, 2025 | Price Decreased |
$379,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Oct 22, 2025 | Price Decreased |
$383,000
↓ $4K
(1%) | |
| Price Decreased | |||
| Oct 16, 2025 | Price Decreased |
$387,000
↓ $9K
(2.3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017