8734 CRESTGATE CIRCLE
About This Property
The first floor features a formal dining room, a living room overlooking the pool, a private office, and an impressive main-floor primary suite.
Kitchen & Family Room: A custom kitchen with stone counters and a breakfast nook opens directly into the family room.
Upstairs: Includes three additional bedrooms (one suite and two sharing a bath) and a large bonus room (17' x 20') ideal for a home theater or game room.
Finishes: High ceilings, ceramic tile, laminate, and wood flooring throughout
Outdoor Oasis: A walled-in backyard for privacy featuring a heated in-ground pool and hot tub.
Situated in a quiet, 39-home gated circle just minutes from Restaurant Row on Sand Lake Road and within 15 minutes of Disney and Universal theme parks. Zoned for highly-rated schools including Palm Lake Elementary and Dr. Phillips High.
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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 14, 2026 | Price Decreased |
$1,490,000
↓ $5K
(0.3%) | |
| Price Decreased | |||
| Aug 17, 2026 | Price Decreased |
$1,494,500
↓ $500
(0%) | |
| Price Decreased | |||
| May 6, 2026 | Price Decreased |
$1,495,000
↓ $3K
(0.2%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$1,498,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
| Mar 15, 2026 | Listed by LA ROSA REALTY CW PROPERTIES L | $1,499,000 | |
| Listed by LA ROSA REALTY CW PROPERTIES L | |||
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About Palm Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017