8808 Brown Pelican Circle
About This Property
Reserve Pointe is known for its lifestyle-focused amenities, including a resort-style swimming pool, playground, and professionally maintained landscaping, creating a welcoming environment for residents and guests alike.
Inside, you'll find durable wood-look vinyl flooring throughout the main level, combining style and functionality. The kitchen is thoughtfully designed with stainless s teel appliances, granite countertops, a modern backsplash, and rich cabinetry, offering both elegance and everyday practicality. The open-concept layout provides a bright and inviting living and dining space, perfect for entertaining or relaxing at home. A convenient half bath is also located on the first floor.
Upstairs, the spacious primary suite serves as a private retreat, featuring an en-suite bathroom with double vanities, granite countertops, and a walk-in shower. Two additional bedrooms are serviced by a second full bathroom with a shower/tub combination, offering flexibility for guests, family, or a home office setup.
Step outside to enjoy a fully fenced backyard accented by a tropical palm tree, creating a private and relaxing outdoor space.
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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 |
|---|---|---|---|
| Jul 21, 2026 | Relisted | $296,500 | |
| Relisted | |||
| Jul 10, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Price Decreased |
$296,500
↓ $4K
(1.2%) | |
| Price Decreased | |||
| Feb 26, 2026 | Listed by Keller Williams Realty FWB | $300,000 | |
| Listed by Keller Williams Realty FWB | |||
| Nov 24, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017