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3342 RALEIGH DRIVE
About This Property
Upon arrival, you're greeted by a welcoming front porch that sets the tone for the inviting interior. Inside, the open-concept floor plan features a spacious living room with vaulted ceilings and triple sliding glass doors that lead to the screened-in lanai, creating a seamless connection between indoor and outdoor living.
The eat-in kitchen showcases 42" upper cabinetry with crown molding, chrome hardware, a subway glass tile backsplash, and quartz countertops. Functional upgrades include a smudge-proof stainless steel appliance package, pull-out shelves, a gooseneck faucet, and a closet pantry. A charming breakfast nook is ideal for casual dining, while the formal dining area, enhanced with sliding glass doors that open to the fenced yard, further extends the living space outdoors. Easy-to-maintain solid surface flooring flows throughout the main living areas.
The primary bedroom suite features wall-to-wall carpeting, a walk-in closet, and peaceful backyard views. The en-suite bath includes a comfort-height vanity with a built-in cosmetic desk, quartz countertops, and a walk-in shower with a glass enclosure.
Outdoor enjoyment awaits with a fully fenced yard and a generously sized screened-in lanai-perfect for relaxing or entertaining guests.
Additional highlights include a laundry room with washer, dryer, irrigation system, architectural shingle roof, double pane windows, hybrid water heater, fenced in yard, programmable thermostat, alexa system, alarm system, In-wall pest system, exterior spot lights, 2-car garage with My Q garage door opener, plus a paved driveway and walkway. Traditions at Ruby Lake offers an exceptional array of amenities: a lakefront clubhouse, dock and boat ramp, heated swimming pool and spa, ballroom, billiards, meeting rooms, library, computer room, craft room, dog park, tennis and pickleball courts, basketball, bocce, shuffleboard, fitness center, aerobics studio, and more. The monthly HOA fee covers exterior house painting, cable, internet, front-yard lawn service, and access to clubhouse amenities-ensuring a worry-free, maintenance-free lifestyle.
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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 |
|---|---|---|---|
| Jun 3, 2026 | Sold | ||
| Sold | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Apr 9, 2026 | Price Decreased |
$227,500
↓ $13K
(5.2%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by CENTURY 21 MYERS REALTY LAKE WALES | $240,000 | |
| Listed by CENTURY 21 MYERS REALTY LAKE WALES | |||
| Mar 12, 2018 | Sold | ||
| Sold | |||
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About Traditions
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017