20542 TRATTORIA LOOP
About This Property
The owner's suite offers a tranquil retreat with a private bathroom, luxurious walk-in shower, and soaking tub. Two additional bedrooms provide comfort for family and guests. The fourth bedroom is perfect for use as a guest or office space.
Step outside to the expansive lanai, where a saltwater pool and spa await, overlooking a serene lake. It's the perfect space for entertaining or enjoying peaceful outdoor moments in Florida's beautiful weather.
An outstanding feature of this home is the seller's prepayment of the Community Development District (CDD) bond, providing substantial savings for the new owner. This prepayment enhances the value of the home and allows you to take full advantage of the resort-style amenities with added financial ease.
Gran Paradiso is a 24/7 guard-gated, resort-style community with exceptional amenities, including a sparkling community pool, spa, and grand clubhouse. Enjoy access to a library, crafting areas, game rooms, a full gym, aerobics classes, and sauna and steam rooms. Outdoor enthusiasts will appreciate the tennis, pickleball, and basketball courts, as well as bike and golf cart paths.
The community is thoughtfully designed with over 45 lakes, lush landscaping, sidewalks, and streetlights. Enjoy proximity to stunning beaches, local golf courses, shopping, dining, and cultural experiences in Venice, Wellen Park, and Sarasota.
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 8, 2025 | Price Decreased |
$570,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Oct 18, 2025 | Price Decreased |
$595,000
↓ $20K
(3.3%) | |
| Price Decreased | |||
| Aug 2, 2025 | Price Decreased |
$615,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017