8671 Pegasus Drive
About This Property
Beautiful 4-bedroom, 2.5-bathroom pool home boasts one of the largest floor plans in the community, making it perfect for large families, guests, and effortless entertaining. Located in the gated community of Olympia Pointe, this home offers a low HOA of just $264/month and rental flexibility (twice per year)-an incredible opportunity for homeowners and investors alike.
An open-concept design seamlessly connects multiple entertainment areas, including a spacious living room, dining area, and a modern kitchen featuring a breakfast bar, ample storage, and brand-new stainless steel appliances, including a fridge/freezer, oven, microwave, dishwasher, and mini fridge.
The main-floor primary suite is a private retreat, offering direct access to the pool, a spa-like ensuite with a soaking tub, separate shower, and dual vanities, plus new carpet for added comfort. A flex space on the main floor is ideal for a home office, study, or additional living area. Upstairs, three generously sized bedrooms share a full bath and a large den/bonus room, creating even more space for relaxation or entertainment.
This home is filled with highly desirable upgrades, including a new washer and dryer, new carpet in the bedrooms and upstairs, new light fixtures, and a new intercom system. The main floor features new flooring, adding to the home's modern appeal. Additional updates include a new pool chlorinator, a new water heater, and a whole-home water filtration system. For year-round comfort, the AC was replaced in 2022.
The screened lanai is a showstopper, featuring a private pool and ample room for outdoor gatherings. Enjoy the stunning western rear exposure, providing breathtaking sunset views over the water.
Olympia Pointe offers resort-style amenities, including a community pool, fitness center, and playground, all within a prime location near shopping, dining, and top-rated schools.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 14, 2025 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Price Decreased |
$420,000
↓ $19K
(4.3%) | |
| Price Decreased | |||
| Mar 20, 2025 | Price Decreased |
$439,000
↓ $16K
(3.5%) | |
| Price Decreased | |||
| Feb 19, 2025 | Listed by Redfin Corporation | $455,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017