1625 LORALIN DRIVE
About This Property
Welcome to this beautifully updated 2-bedroom, 2-bath home with a 1-car garage, ideally located less than 2 miles from Englewood's stunning Gulf beaches and in a well maintained community. Whether you're looking to downsize, escape the winter cold, or add a solid investment property to your portfolio, this move-in ready home checks all the boxes.
Inside, you'll find an updated kitchen, all-tile flooring throughout, and numerous major improvements that provide peace of mind, including updated plumbing (2022), a new roof (2022), a new water heater (2022), and a A/C system (2020), new garage door opener.
The thoughtful updates blend perfectly with the home's coastal character, creating a bright, low-maintenance living space that's easy to enjoy year-round. Spend your days at the beach, exploring nearby restaurants and shops, or simply relaxing in your own Florida retreat.
Affordable, updated, and conveniently located near everything that makes Englewood special-this charming home is the perfect opportunity to enjoy the Florida lifestyle without breaking the bank.
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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 |
|---|---|---|---|
| Sep 10, 2026 | Sold | ||
| Sold | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jun 11, 2026 | Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | $232,000 | |
| Listed by KELLER WILLIAMS ISLAND LIFE REAL ESTATE | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017