321 CAPE SABLE DRIVE
About This Property
Step inside and feel the difference: a space that's not only beautifully updated but also perfectly designed for both quiet moments and lively gatherings. Outside, the salt water pool area feels like a private resort, offering views that many can only dream of, yet it's yours to enjoy every single day. With all new pool equipment and propane heated spa the idea of maintenance is very little. And when it's time to venture out, the best of Central Florida is at your doorstep. Orlando International Airport is just 20 minutes away, downtown Orlando only 15 minutes, Disney and Universal about 30 minutes, and Lake Nona's Medical City just 20 minutes. Even Daytona and Cocoa Beach is less than an hour's drive, giving you quick access to the coast.
This isn't simply about square footage or features-it's about how you'll feel living here. The combination of location, cozy vibes, and lifestyle is rare, and it's ready for the buyer who refuses to settle for ordinary.
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by THE WILKINS WAY LLC | $599,900 | |
| Listed by THE WILKINS WAY LLC | |||
| Aug 23, 2025 | Price Decreased |
$599,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
| Jul 16, 2025 | Price Decreased |
$604,000
↓ $5K
(0.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017