8593 Tourmaline Boulevard
About This Property
Light, Bright, freshly white painted 3/2 lakefront home in Colors of Rainbow Lakes has a spacious open floor plan w/great wide lake view. This home has all new interior doors, bedroom floors, light fixtures and NEW ROOF! Featuring 20'' tile floors throughout main living space with bay window eat-in kitchen featuring granite counter tops GE double oven, stove, m/w fridge, and Bosch D/W. Equipped with accordion shutters and large screened patio overlooking the gorgeous lake. Great family neighborhood with sidewalks community pool tennis basketball and playground. THIS HOUSE IS MOVE-IN READY!!
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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 |
|---|---|---|---|
| Feb 1, 2023 | Sold | ||
| Sold | |||
| Oct 10, 2022 | Listed by The Corcoran Group | $469,000 | |
| Listed by The Corcoran Group | |||
| | |||
|
PRICE IMPROVEMENT!!
8593 Tourmaline Blvd offers stunning lake views & a spacious lanai to enjoy the tropical breeze and sunsets only a lake view can. The modern, upgraded appointments, a two year old roof, and open comfortable living spaces make this home the rarest of offerings. All of this warmly surrounded by the quiet, diverse, family & pet friendly community of Colors.
The pool, grounds, updated basketball/tennis courts and tot lot offer year round opportunities to enjoy the outdoors. The conveniently located, A rated schools only add to why this is a highly sought after community.You are a 3 minute walk to the elementary school, less than a 5 minute drive to middle and high school. And a 15 minute drive to world famous Atlantic Avenue and endless miles of soft, sandy beaches
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| Oct 9, 2022 | No longer available | - | |
| No longer available | |||
| Sep 23, 2022 | Listed by Luxury One Realty | $499,900 | |
| Listed by Luxury One Realty | |||
| Nov 3, 2020 | Sold | ||
| Sold | |||
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About Tartan Lakes
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Luxury One Realty
Last Updated: 4 months ago
Data Source: Beaches MLS, MLS# R10654476
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017