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3116 KEARNS ROAD
About This Property
Inside, the versatile four-bedroom floor plan provides plenty of space for everyday living, guests, a home office, or growing needs. Step outside and the backyard quickly becomes the centerpiece of the home. Spend sunny afternoons relaxing beside the pool, entertaining family and friends, or unwinding at the end of the day while enjoying the peaceful waterfront setting.
The location offers an appealing balance of privacy and convenience. Tucked away from busy through traffic, the home is still just minutes from the Imperial Lakes area, Publix, shopping centers, restaurants, and everyday services. The location also provides convenient access to South Lakeland, Mulberry, Bartow, and the surrounding Polk County area. Quick access to Orlando & Tampa for commuters as well. Whether you're heading into Lakeland for dining, shopping, entertainment, or work, or simply want to come home and escape the activity, this location provides the best of both worlds.
With its waterfront setting, private pool, spacious four-bedroom layout, cul-de-sac location, and convenient access to the amenities of South Lakeland, 3116 Kearns Road offers an inviting place to enjoy Florida living.
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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 |
|---|---|---|---|
| Sep 1, 2026 | Listed by KELLER WILLIAMS REALTY | $325,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
| May 20, 2008 | Sold | ||
| Sold | |||
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About Sundance
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017