20523 Capello DRIVE
About This Property
Spacious Del Corso model well designed with Kitchen open to the family room, the place to relax or entertain guests. Split floor plan offers an abundance of privacy between the main bedroom suite and the two-bedroom guest rooms. Additional features include comfortable living room & dining room combination, crown molding, well-appointed kitchen with stainless appliances, granite countertops, solid wood cabinets, roman walk-in shower, Bonus room/Den plus more. Privacy abounds with the wooded preserve & side lake view from your large lanai & patio. Seller providing home warranty for the buyer for peace of mind. Community offers world class amenities with a 16,000 SF clubhouse, state of the art fitness center, Arts & crafts, large ballroom, Bocci courts, Heated pool with jacuzzi, resistance pool & 9 hole putting green. Community offers enjoyable & active lifestyle with walking & biking trails. Many social activities with full time social director. Location convenient to historic downtown Venice, Gulf of Mexico beaches, fine dining, shopping & I-75. Great Value! Call now!
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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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Nov 6, 2023 | In contract | - | |
| In contract | |||
| Nov 1, 2023 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Nov 1, 2023 | Price Increased |
$550,000
↑ $10K
(1.9%) | |
| Price Increased | |||
| Oct 31, 2023 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017