1859 Ivory Cane Point
About This Property
The interior features a welcoming living room, formal dining room, and spacious family room, all flowing seamlessly into a large kitchen complete with an island, abundant cabinetry, and generous counter space - perfect for gatherings of any size.
Step outside to your private outdoor oasis featuring an oversized two-story screened lanai, highlighted by a second-floor balcony, infinity pool and spa. Enjoy stunning western exposure with gorgeous sunset views creating the perfect backdrop for evening relaxation.
This home offers the best of Florida living with ample indoor and outdoor space, all within a premier gated community known for its resort-style amenities and prime location.
Resort style infinity pool offers beautiful lake views.
Clubhouse Amenities include tennis courts, fitness center, billiards, playground and fitness classes...
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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 |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| May 31, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Price Decreased |
$1,275,000
↓ $75K
(5.6%) | |
| Price Decreased | |||
| Mar 13, 2026 | Price Decreased |
$1,350,000
↓ $20K
(1.5%) | |
| Price Decreased | |||
| Jan 27, 2026 | Listed by Realty World Top Producers Rlt | $1,370,000 | |
| Listed by Realty World Top Producers Rlt | |||
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About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017