8760 Watercrest Circle
About This Property
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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 |
|---|---|---|---|
| Apr 2, 2020 | Sold | ||
| Sold | |||
| Jan 1, 2020 | Listed by Coldwell Banker Residential RE | $968,000 | |
| Listed by Coldwell Banker Residential RE | |||
| | |||
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Tremendous value for this magnificent home located on a prime lot with stunning wide water views on the big lake in Watercrest! This expanded Laurel model features a grand double door foyer entrance, formal living & dining rooms, casual dining open to the family room & kitchen, a spacious loft & a huge bonus room with a screened balcony! The kitchen offers quartz & granite counters, white cabinetry, glass tile back splash, Kitchen Aid SS appliances, glass pendant lighting, center island & a huge walk-in pantry! Other features include 24" tile & wood flooring, marble wall tile to the ceiling in the bathrooms, smooth walls & ceilings, custom master closet & upgraded lighting makes this home shine! Tropical landscaping, the screened patio & water views makes this your own backyard paradise!
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| Jun 12, 2014 | Sold | ||
| Sold | |||
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About Broward
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017