1496 PALM VIEW ROAD
About This Property
Enjoy over 2,200 sq ft of open living space with vaulted ceilings and a smart split-bedroom floor plan. Relax in your screened fiberglass pool with preserve views and no rear neighbors. Big-ticket upgrades include: New Roof (2023), New Water Heater (2024), New Pool Pump (2021).
Low HOA fee of $47/month and no flood insurance required. Privacy in front and in back. Conveniently located minutes from Lakewood Ranch Waterside, downtown Sarasota, and Gulf beaches. This home is on Public Sewer!
Seller is motivated and open to creative terms. Schedule your private tour today!
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Price Decreased |
$645,000
↓ $4K
(0.6%) | |
| Price Decreased | |||
| Jun 17, 2025 | Relisted | $649,000 | |
| Relisted | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017