206 Crown Point DRIVE
About This Property
Kings Gate offers an active lifestyle with a heated community pool, tennis courts, an activity center, a fitness room, and a boat ramp providing access to Dona Bay and the Gulf of Mexico.
Conveniently located near Venice Beach, the Venice Ave strip (downtown), and the new Sarasota Memorial Hospital. Siesta Beach is also just a short drive away. Enjoy the best of Florida living in this move-in ready 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 |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | Price Decreased |
$120,000
↓ $10K
(7.7%) | |
| Price Decreased | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jun 8, 2024 | Price Decreased |
$130,000
↓ $5K
(3.6%) | |
| Price Decreased | |||
| May 15, 2024 | Listed by RE/MAX PLATINUM REALTY | $134,900 | |
| Listed by RE/MAX PLATINUM REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017