298 PADOVA WAY
About This Property
Just beyond the main boulevard, this gorgeous residence sits on a serene homesite with tranquil views of a pond and wooded preserve. Entering from the side of the home, you're welcomed by high tray ceilings, an open floor plan, and custom granite counters. The kitchen features abundant natural light through one of three sliding glass doors, a charming breakfast nook, two pantries, and storm shutters, along with double-pane windows throughout and an alarm system for added peace of mind. The separate laundry room includes a sleek black-and-chrome washer and dryer, and ceiling fans in every room enhance comfort year-round. This functional split floor plan offers both space and privacy.
Unwind in the back lanai with a book while enjoying tranquil water views and the sounds of nature. The two-car garage includes a utility sink and ample storage, and exterior maintenance is made easy with lawn and shrub care included.
Residents enjoy a wealth of resort-style amenities, including an 18-hole championship golf course, tennis center with six Har-Tru courts, pickleball, a resort-style pool and hot tub, a newly remodeled tiki bar, lap pool, state-of-the-art fitness center, aerobics and yoga studio, bocce courts, and a 70-acre natural park along the Myakka River with an elevated walking trail, picnic cabana, and observation area. After Sunday's made-to-order omelet at the clubhouse, enjoy a game of bocce or relax with neighbors at the inviting indoor-outdoor dining areas and bar. The clubhouse also features an active social calendar and a tennis shop.
Beautifully lit sidewalks encourage evening strolls, and a roaming security vehicle provides added comfort. Fees include lawn maintenance, irrigation, basic cable, and access to all resort amenities, allowing you to fully embrace the Florida lifestyle in this exceptional gated community.
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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 |
|---|---|---|---|
| Feb 17, 2026 | Sold | ||
| Sold | |||
| Jan 3, 2026 | In contract | - | |
| In contract | |||
| Jan 2, 2026 | Price Decreased |
$319,000
↓ $30K
(8.6%) | |
| Price Decreased | |||
| Nov 14, 2025 | Listed by EXIT KING REALTY | $349,000 | |
| Listed by EXIT KING REALTY | |||
| Apr 17, 2025 | Price Decreased |
$359,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017