8919 River Preserve DRIVE
About This Property
you will love this space featuring private lanai access, sitting area, custom walk-in, and a large en-suite with dual vanities. All 3 of the guest rooms feature custom closets with two sharing a guest bath and the third across the hall from the third bath which doubles as a pool bath as well. Custom window treatments, light fixtures and ceiling features also run throughout the home and beautiful curb appeal and a 3 car garage complete the residence. River Strand is a premier community known for it's 27 holes of pristine, recently redesigned golf, RESTAURANT with dining and grille rooms, 2 Resort Community Pools and spas, tiki bar, 6 satellite pools, 2 fitness centers, tennis and pickle ball courts and so many social and fitness activities and events to choose from! Perfectly located minutes to I-75 which means a quick trip to dining, shopping and entertainment, AND close to the beautiful beaches of the Gulf Coast!
Truly a fantastic home in an exceptional community, so come and experience this home and River Strand at it's best, you may never want to leave!
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Price Decreased |
$784,500
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Oct 19, 2024 | Relisted | $789,900 | |
| Relisted | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
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About Heritage Harbour
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017