47
Map
2303 Somerset Place
About This Property
The home showcases quality finishes throughout, including hurricane impact windows and doors, tile flooring throughout, walk-in showers with frameless enclosures, crown molding, custom lighting and fans, and a gourmet kitchen with premium appliances including a gas cooktop and wall ovens. Residents of LaMorada enjoy resort-style amenities including a clubhouse, resort pool and spa, fitness center, theater, culinary arts studio, pickleball, tennis courts, bocce ball, and an on-site restaurant and bar. Conveniently located just minutes from Mercato, beaches, shopping, dining, and RSW International Airport. Low fees and no high CDD fees make this community an exceptional place to call home.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 22, 2026 | Price Decreased |
$1,199,900
↓ $30K
(2.4%) | |
| Price Decreased | |||
| Mar 12, 2026 | Listed by Premiere Plus Realty Company | $1,229,900 | |
| Listed by Premiere Plus Realty Company | |||
| Apr 2, 2024 | No longer available | - | |
| No longer available | |||
| Sep 21, 2023 | Listed by William Raveis Real Estate | $1,350,000 | |
| Listed by William Raveis Real Estate | |||
| | |||
|
This 3 Bedroom+Den, 3 Full Bath, 3 Car Garage, 3000 Sq Ft WCI built home is situated on a spacious half acre lot in the gated community of LaMorada. As you drive up the nearly 80' long driveway, you will find lush landscaping and a side load 3 car garage. When you step inside you are greeted with an open great room style floorplan with a 16' sliding glass door leading you right out to the extended paver stone lanai. Other fine appointments include: hurricane impact windows & doors; custom stone accent wall with LED fireplace; special order lights & fans; KitchenAid appliances including GAS cooktop and wall oven; crown molding and extensive millwork; wallpapered baths; 12"x24" tile floors throughout (no carpet anywhere); walk in showers with frameless shower enclosures in all baths; outdoor kitchen; tankless gas hot water heater; and more! Plenty of room to build your dream pool/lanai (45'x65' potential)! LaMorada offers residents a resort pool, hot tub, theatre, gym, culinary arts studio, pickelball, tennis courts, bocce ball, restaurant & bar. 30 min to RSW, 15 min to Mercato, 20 min to the beach, 30 min to Downtown/5th Ave. LOW FEES. NO GOLF FEES. NO CDD. The manager has listed the unit size as 3000 square feet.
| |||
| Jul 17, 2023 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Rural Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,500 /mo
- 2 Beds
- 2 Baths
- 1,408 ft²
$6,700 /mo
- 2 Beds
- 2 Baths
- 1,440 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017