8854 Largo Mar Drive
About This Property
The living room, beautifully staged to highlight the lake view, opens up to a screened lanai with a private pool set in brick pavers, providing the perfect spot for relaxing or entertaining. Enjoy morning coffee or evening sunsets overlooking the tranquil water-your personal retreat awaits.
The updated kitchen, bathed in natural light, features an eat-in dining area that offers gorgeous pool and lake views, making every meal a picturesque experience. The home's three bedrooms, including a generously sized master suite, provide plenty of space and comfort, with the den offering flexibility as a home office or additional guest space. Custom virtual staging has been thoughtfully added to showcase the home's full potential, including the dining room and bedroom, giving buyers a clear vision of how this home can be enjoyed.
Outside, the home sits across from one of Belle Lago's lush green spaces, offering extra privacy. A recently installed hot water heater, natural gas service, and a 2-car garage add convenience to this move-in-ready home.
Belle Lago is an exclusive, gated community designed by Toll Brothers, known for its luxury homes and resort-style amenities. Residents enjoy a Mediterranean-style clubhouse, fitness center, pool, and spa, along with access to tennis, basketball, and pickleball courts. For those who enjoy golf, Belle Lago offers a private golf cart path to Estero Country Club's 18-hole championship course.
This home is the perfect blend of luxury, convenience, and breathtaking views. Don't miss out on this exceptional opportunity in Belle Lago!
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Price Decreased |
$639,900
↓ $35K
(5.2%) | |
| Price Decreased | |||
| Mar 21, 2025 | Price Decreased |
$675,000
↓ $37K
(5.2%) | |
| Price Decreased | |||
| Feb 18, 2025 | Price Decreased |
$712,000
↓ $38K
(5.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017