9122 OPTIMIST WAY
About This Property
Welcome to the Panama at Southpointe!
The Panama is a beautifully designed single-story home that offers approximately 1,933 square feet of thoughtfully planned living space. Featuring four bedrooms and two bathrooms, and a two-car garage, this layout blends comfort, style, and flexibility-perfect for today's lifestyle.
Step inside and experience an open-concept design that connects the spacious great room, dining area, and a stunning kitchen with island, creating the ideal setting for gatherings and entertaining. Just off the entry, you'll find a private fourth bedroom, offering versatility for guests or a home office.
The owner's suite is a serene retreat, complete with a generous walk-in closet and dual vanities in the bathroom. Outdoors, enjoy the best of Florida living on the expansive covered lanai-perfect for relaxing evenings or weekend get-togethers.
The Panama floor plan delivers the perfect balance of elegance and functionality, giving you endless possibilities to create your dream home.
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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 |
|---|---|---|---|
| Sep 26, 2026 | Relisted | $379,999 | |
| Relisted | |||
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Sep 12, 2026 | Price Decreased |
$379,999
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jul 17, 2026 | Price Decreased |
$389,999
↓ $30K
(7.1%) | |
| Price Decreased | |||
| Mar 25, 2026 | Price Increased |
$419,999
↑ $20K
(5%) | |
| Price Increased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017