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1811 151ST TERRACE E
About This Property
Step outside to your own tropical sanctuary. The screened lanai and resort-style pool overlook lush landscaping and tranquil water views, creating the ideal setting for morning coffee, sunset cocktails, or weekend gatherings. Located in one of Parrish's premier communities, residents of Twin Rivers enjoy oversized homesites, scenic walking trails, parks, playgrounds, and direct access to the Manatee River for boating, kayaking, and fishing. Conveniently situated near Lakewood Ranch, Bradenton, and Sarasota, this home offers the perfect blend of luxury, privacy, and accessibility. You will also have access to the GATED "River House"/Manatee River area where many more community amenities can be found, such as boat ramp, dock, canoe and kayak storage and launch area, fishing pier, pavilion, playground, GREAT hiking trails, etc. A rare opportunity to own a meticulously maintained, move-in ready residence in one of Parrish's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Aug 5, 2026 | Sold | ||
| Sold | |||
| Jul 11, 2026 | In contract | - | |
| In contract | |||
| May 23, 2026 | Price Decreased |
$899,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
| Mar 5, 2026 | Price Decreased |
$950,000
↓ $25K
(2.6%) | |
| Price Decreased | |||
| Feb 12, 2026 | Price Decreased |
$975,000
↓ $25K
(2.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017