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15615 APPLETON BOULEVARD
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2026 | Price Decreased |
$25,999
↓ $1K
(3.7%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$26,999
↓ $2K
(6.9%) | |
| Price Decreased | |||
| Aug 3, 2026 | Listed by A-WARD WINNING REALTY LLC | $28,999 | |
| Listed by A-WARD WINNING REALTY LLC | |||
| Oct 20, 2025 | Listed by PARADISE EXCLUSIVE INC | $60,000 | |
| Listed by PARADISE EXCLUSIVE INC | |||
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Beautiful half acre double lot with an extra private backyard overlooking a greenspace preserve. These two extra-wide lots are in Section 94 of the boating neighborhood of South Gulf Cove. With a half acre of space, you'll have plenty of room to park your boat/trailer in your yard, with a boat ramp and a marina 3 miles away on the other end of Appleton Blvd, easy access to the miles of canals and the private neighborhood lagoon. Boating outside of this neighborhood takes you through a lock system that protects the water levels of the lagoon and canals and out into the wide open Gasparilla Sound. From there, boat north up the Myakka River or the Peace River, or south to the ICW and barrier islands and out to the Gulf of Mexico. While boating you will encounter dolphins at play, manatees nibbling sea grass, rays flying through and above the water, get in the water and you'll find starfish, seahorses, and tons of sea shells. When you get tired of boating, there are multiple golf courses nearby, and several public beaches (some with nightlife) are within a 20 minute drive. The area has tons of live music, boutique shops and restaurants, art and theater, and plenty of natural parks, forests and mangrove tunnels to explore. This property is not in a scrub jay permit zone and is in an AE 8' flood zone in an area with 7' to 8' natural elevation. Take a drive through the neighborhood to see the variety of houses and builders available to build your new home in paradise.
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| Jan 10, 2025 | Price Decreased |
$28,000
↓ $2K
(6.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017