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11920 OAK RIDGE DRIVE
About This Property
Parrish, offering modern design, spacious living, and serene Florida views. Step inside to an
inviting open floor plan that seamlessly blends living, dining, and kitchen spaces-perfect for
entertaining or everyday comfort.
The chef-inspired kitchen features a large center island, stylish tile backsplash, stainless steel
appliances, and abundant cabinetry and expansive countertops, delivering both beauty and
functionality.
Enjoy peaceful mornings and relaxing evenings on the screened-in patio overlooking the lake,
creating the ideal backdrop for outdoor living. A 2-car garage adds convenience and valuable
storage.
Located in the River Wilderness subdivision, residents can enjoy optional golf and social
memberships, along with resort-style amenities including golf, tennis, clubhouse activities, and
a private community boat ramp with direct access to the Manatee River.
Perfectly positioned near the Fort Hamer Bridge, this home offers quick access to Lakewood
Ranch's premier shopping, dining, and entertainment.
Homes offering this level of style, lifestyle, and location are in high demand. Make your move
before this one slips away.
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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 19, 2026 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| Aug 28, 2026 | Price Decreased |
$475,000
↓ $14K
(2.9%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Decreased |
$489,000
↓ $11K
(2.2%) | |
| Price Decreased | |||
| Jul 15, 2026 | Price Decreased |
$499,990
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Jun 30, 2026 | Listed by MARK SPAIN REAL ESTATE | $530,000 | |
| Listed by MARK SPAIN REAL ESTATE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017