1368 SANDERLING DRIVE
About This Property
Explore this updated doublewide mobile home with split 3 bedrooms. Ideal for entertaining, this home features a spacious 36' x 14' Florida Room with large windows and views of the lake. Separate WORKSHOP off the back of the home perfect mancave or she-shed.
Kitchen was updated a few years ago with new granite countertops, wood cabinets, composite sink and more. The flooring throughout the home was updated. Most all the windows were updated in 2015 including the Florida room.
With a functional layout the updated kitchen flows seamlessly into the separate dining area while the living room connects to the family room/den, providing flexibility for various uses.
The primary bedroom offers space for an office or den and an updated primary bathroom. The split floor plan includes two additional bedrooms-one with access to the family room and the other with a private entrance to the updated guest bathroom.
This home comes Furnished and Turnkey. Enjoy the deeded membership to The Edgewater Clubhouse, which includes amenities like a heated pool and social events.
Located just over 3.5 miles from the beach, this property is near 5 public golf courses and several boat ramps, boat rental and boating opportunities. Or bring your boat and park it on your own property. Shopping, stores, restaurants and more all within a mile.
Own your land with no monthly maintenance fees. The optional Homeowners Association fee is only $35 yearly, and the community welcomes pets and golf carts.
Beautiful lake with seawall is your backyard view. Enjoy a night morning coffee or evening beverage while sitting on your own rock lanai while admiring the lakes wildlife.
All information is reliable but should be verified by the buyer and/or buyer's agent. Selling as-is, subject to buyer's approval.
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 9, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Price Decreased |
$189,000
↓ $10K
(5%) | |
| Price Decreased | |||
| Jun 27, 2025 | Price Decreased |
$199,000
↓ $27K
(12%) | |
| Price Decreased | |||
| Mar 20, 2025 | Relisted | $226,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017