11223 SPRING GATE TRAIL
About This Property
Preferred Lender is offering 1% of the loan amount as a lender credit towards buyers closing costs or interest rate buydowns on this specific home! This beautifully maintained home offers effortless Florida living both inside and out including lawn maintenance. From the moment you arrive, the paver driveway, BRAND NEW ROOF 2024 and inviting entryway sets the tone for what's inside. The open-split floorplan layout features stylish wood-look tile flooring throughout the main living areas and a kitchen equipped with an oversized island, gas range, granite countertops, subway tile backsplash, and stainless-steel appliances. Adjacent to the kitchen is a spacious dining area and comfortable living room, both of which have sliding glass doors to a stunning paver lanai. Enjoy the pool with plenty of deck space for tanning, expansive covered entertaining area plumbed for an outdoor kitchen and a fenced green space large enough and rarely found pool/yard combo in Lakewood Ranch to accommodate a kid's playground set, trampoline or brick paver firepit addition – perfect for relaxing or hosting guests. The generous primary suite offers a peaceful retreat with a large bedroom, bathroom with tiled walk-in shower, soaking tub, dual vanities, private water closet, and a walk-in closet. Quality furnishings and custom window treatments add an elegant touch. Move-in ready with nothing left to do, this home also includes access to Harmony's community amenities – including a clubhouse, fitness center, playground, and resort-style pool. All of this located just minutes from the vibrant Lakewood Ranch lifestyle, top-rated beaches, parks, golf courses, cultural attractions, and top tier dining options in Waterside, University Town Center and Downtown Lakewood Ranch.
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Cap Rate Calculator
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 28, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$484,000
↓ $15K
(3%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed by COLDWELL BANKER REALTY | $499,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Mar 18, 2025 | Price Decreased |
$550,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017