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11227 SPRING GATE TRAIL
About This Property
Outside, experience true tropical relaxation with your private, screen-enclosed pool and spa, ideal for unwinding after a long day or enjoying sunny weekends in complete comfort. Living in this vibrant neighborhood means top-tier amenities are right at your doorstep, including a sparkling community pool, a fully equipped fitness center, and a fun playground. Plus, the location simply cannot be beaten. You will be just minutes from Florida's world-famous Gulf Coast beaches, fantastic local dining, and premier shopping destinations, including the renowned Mall at University Town Center right off I-75. This is your chance to embrace the ultimate Lakewood Ranch 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 |
|---|---|---|---|
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Oct 3, 2026 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Sep 11, 2026 | Listed by THE KEYES COMPANY - SARASOTA | $599,999 | |
| Listed by THE KEYES COMPANY - SARASOTA | |||
| Mar 21, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017