11409 56TH STREET CIRCLE E
About This Property
Major updates include a roof replaced in May 2023, new HVAC, new stainless steel kitchen appliances, a resurfaced gunite pool in 2025, exterior paint in 2026, and a new garage door opener and spring. The screened pool area is a true highlight, featuring solar heating so you can enjoy more time in the water throughout the year.
Inside, the home is bright, welcoming, and move-in ready, with furnishings included for a seamless transition. Whether you are looking for a full-time residence, seasonal retreat, or furnished Florida getaway, this home offers the convenience of a well-maintained property with many of the big-ticket items already addressed.
Lexington residents enjoy a neighborhood setting with community amenities that include a pool, playground/splash area, basketball and pickleball courts, walking trails, and scenic lakes, along with a Parrish location close to shopping, dining, schools, and commuter routes including I-75. This is a wonderful opportunity to own a furnished pool home in a desirable Parrish neighborhood.
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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 22, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2026 | Price Decreased |
$424,900
↓ $4K
(1%) | |
| Price Decreased | |||
| Aug 8, 2026 | Relisted | $429,000 | |
| Relisted | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 19, 2026 | Price Decreased |
$429,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017