20188 TESORO DRIVE
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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 |
|---|---|---|---|
| Mar 10, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Feb 10, 2026 | Price Decreased |
$327,500
↓ $10K
(3%) | |
| Price Decreased | |||
| Dec 22, 2025 | Listed by CENTURY 21 SCHMIDT REAL ESTATE | $337,500 | |
| Listed by CENTURY 21 SCHMIDT REAL ESTATE | |||
| Apr 15, 2025 | Listed | $389,000 | |
| Listed | |||
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This stylishly furnished 2-bedroom plus den and 2 bath villa features an open floor concept with numerous windows that allow natural light to flood the space. Plantation shutters provide privacy and shade when you wish to block the warm Florida sun. This villa is move-in ready, offering a seamless transition for you to start enjoying your Florida lifestyle. The property has tile throughout, with carpeting only in the bedrooms. The den serves as a relaxing workspace or can double as an additional guest room. Towels, linens, tools, and extra appliances are included. External features consist of gutters, hurricane shutters, a brick paver driveway, and a screened lanai. The HVAC system has always been well-maintained. HOA fees include the use of all the community amenities, lawn care, fertilization, mulch, basic cable & high-speed internet, roof repair & replacement, and periodic exterior painting. *NOTE: CDD fee of $1629.67 is included in taxes and the HOA fee includes cable and internet. Gran Paradiso is an amenity-rich, maintenance-free resort community situated in the rapidly growing Wellen Park area, only 15 minutes from the Gulf of Mexico. Rivaling a vacation resort, owners enjoy a beach-entry pool, Tuscan-inspired Clubhouse, tennis, pickleball, state-of-the-art fitness center, sauna/steam rooms & massage rooms. Many activities for the residents, organized by a full-time Lifestyle Director. Gran Paradiso is golf-cart friendly and encompasses over 1,000 acres with sidewalks, including extensive walking and biking paths. Wellen Park offers a marketplace with a myriad of shopping and restaurants and the Spring Training Stadium of the Atlanta Braves, the 2021 World Series Champions. There is also an 80-acre lake, surrounded by bike paths and lakefront eateries. Area beaches are close, as is quaint downtown Venice. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017