19786 SW 85TH LOOP
About This Property
Nestled on a .22-acre lot, this property is surrounded by trees, offering a private and shaded retreat. Recent upgrades include a new roof and A/C system, both installed in 2021, ensuring peace of mind for years to come. With a custom fire place for those chilly autumn and winter months.
Take advantage of private access to the stunning Rainbow River, where you can launch your kayaks and canoes, have a barbecue, or simply enjoy the crystal-clear waters. Snorkeling, tubing, and refreshing swims await you at the head of the springs. Your new community has Tennis courts, a large swimming pool, frisbee golf, Huge recreation building with a gym, private conference rooms, also inside the community center there is a restaurant and bar.
Conveniently located near first responders, grocery stores, and restaurants, this home is also close to nearby boat launches and fishing spots. Centrally situated in Florida, you're just a short drive away from major cities like Orlando, Tampa, St. Augustine, and Jacksonville.
With a highly motivated seller, this property won't last long. Embrace the perfect blend of nature and convenience in your new home!
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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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Jan 28, 2025 | Price Decreased |
$275,000
↓ $15K
(5.2%) | |
| Price Decreased | |||
| Jan 11, 2025 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Nov 21, 2024 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017