9163 Ridge Pine TRAIL
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Mar 19, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | In contract | - | |
| In contract | |||
| Feb 13, 2024 | Listed by STANICA REALTY GROUP | $1,345,000 | |
| Listed by STANICA REALTY GROUP | |||
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Located in the desirable Bay Hill / Dr. Phillips area, this stunning 3798 heated sq ft home features 4 bedrooms, 3 bathrooms, formal living and dining rooms, family room, an amazing Florida room and a sparking screened and heated pool and spa. Features like the split floor plan, vaulted ceilings, wood and marble floors, plantation shutters, window seats, French doors and fireplaces offer a casual, comfortable elegance to the home. The kitchen, which adjoins the family room, is chef’s dream boasting quartz countertops, a large quartz island, breakfast bar, pendant lighting, and eating nook. Spacious guest rooms feature deep window seats. The oversized family room features vaulted ceilings and a fireplace and opens to the pool. The oversized master suite boasts a sitting area divided by a double-sided wood burning fireplace, double closets & vanities, garden tub and separate shower. There is a 3-car side entry garage, and a well for irrigation. Other upgrades to the home include: • Plenty of storage • Luxury custom built kitchen • Luxury vinyl flooring • 2020 tile roof • New foam insulation • New system tankless water heater • Neutral paint colors • Energy-Efficient appliances and LED lighting • Quality lighting with modern and attractive fixtures • Stone fireplaces •Quality and designer chandeliers •Wall paneling designs •Reconditioned Garage. The home has 65 solar panels. Contract to be transferred to buyers upon closing. See MLS attachment for details. Home furnishings are optionally available for sale outside of the real estate transaction. South Bay features park, tennis, & jogging trails. Just a short golf cart ride to the famous Arnold Palmer's Bay Hill Club & Lodge. This breathtaking course sweeps across 270 acres along the shores of the Butler Chain of Lakes. Great schools, restaurants and shopping are all nearby.
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| Mar 9, 2023 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by COLDWELL BANKER REALTY | $999,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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About Bay Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017