55
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11203 SUN TREE ROAD
About This Property
Enjoy peaceful golf course views from your screened-in back lanai, creating the perfect spot to relax and unwind. The home also features a double-door entry, a huge laundry room with tons of storage, and a convenient side garage door-perfect for easy access with your golf cart. Major updates include a 2022 roof, while the HVAC was replaced in 2012.
Heritage Pines is a premier, gated, 55+ golf course community offering resort-style amenities including an 18-hole championship golf course, clubhouse, on-site restaurant, fitness center, heated pool and spa, tennis and pickleball courts, performing arts center, and a full calendar of clubs and social activities. Ideally located just minutes from US Highway 19, shopping, dining, medical facilities, and with easy access to the Suncoast Parkway for a quick commute to Tampa and surrounding areas-this home truly offers the best of the Florida lifestyle.
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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 |
|---|---|---|---|
| Jun 6, 2026 | Price Decreased |
$300,000
↓ $40K
(11.8%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by DALTON WADE INC | $340,000 | |
| Listed by DALTON WADE INC | |||
| Sep 16, 2019 | Sold | ||
| Sold | |||
| Aug 24, 2019 | No longer available | - | |
| No longer available | |||
| Jul 24, 2019 | Price Decreased |
$209,000
↓ $8K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017