331 LONDONDERRY DRIVE
About This Property
Move in knowing you most likely will not have a lot of surprises. Enjoy the maintenance-free community of the Legends of Tatum Ridge with irrigation and landscaping included in HOA fees. Community is set alongside the Tatum Ridge golf course for those who enjoy the game, search them to get the course fees and access.
The Legends of Tatum Ridge gated entrance is attractive and inviting for you and your guests. You drive by nice ponds and community landscaped areas. This neat and clean neighborhood is located close to downtown Waterside/UTC mall and the Celery Fields Park with great nature walks and running paths. Doctors' offices and hospitals are close by as well as many restaurants, grocery stores and shopping. This area is convenient to most everything and only 25-30 minutes to Sarasota beaches and downtown amenities. Airport is less than 25 minutes too! Young families will appreciate the close location to the Tatum Elementary School.
This home is move-In ready for your family immediately or for the snowbirds to come and enjoy this winter's Florida sunshine and activities that surround this area. Make your appointment today! Furniture in some of the pictures are virtually staged to give you an idea of spaces.
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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 19, 2026 | Sold | ||
| Sold | |||
| Jan 23, 2026 | In contract | - | |
| In contract | |||
| Jan 4, 2026 | Price Decreased |
$499,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Nov 5, 2025 | Price Decreased |
$509,000
↓ $30K
(5.6%) | |
| Price Decreased | |||
| Oct 14, 2025 | Price Decreased |
$539,000
↓ $20K
(3.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017