3418 RALEIGH DRIVE
About This Property
Upon arrival, you'll be welcomed by a charming front porch with tile flooring and a glass storm door. Inside, the open-concept floor plan features a spacious living room with bamboo flooring, a decorative planter shelf, and triple glass sliding doors leading to the Florida room.
The eat-in kitchen boasts an arched entryway, maple wood cabinetry, a ceiling fan, a closet pantry, and a charming breakfast nook with views of the picturesque park. The formal dining area is enhanced by bamboo flooring, a vaulted ceiling, and a glass sliding door that provides access to the fenced-in yard.
The primary bedroom suite features solid surface flooring, an upgraded ceiling fan, a walk-in closet, and views of the paved patio. The primary bathroom is equipped with a maple wood vanity and a walk-in shower with a glass enclosure.
For outdoor enjoyment, there is a fully fenced in yard with a generously sized patio adorned with pavers, providing a serene space to relax and unwind.
Other amenities include a Florida Room with Tile Flooring, Irrigation System w/ Irrigation Meter, New Toilets 2025, Gutters, Garbage Disposal, Termite Bait Traps, 2 Car Garage w/Garage Door Opener, Architectural Shingle Roof installed 2024 with additional Attic Insulation, Paved Driveway and Walk Way.
Traditions at Ruby Lake offers an exceptional array of amenities, including a lakefront clubhouse, dock and boat ramp, heated swimming pool and spa, ballroom, billiards, meeting rooms, a library, computer room, craft room, dog park, tennis and pickleball courts, basketball, bocce ball, shuffleboard, fitness center, aerobics studio, and much more.
Conveniently located near shopping, restaurants, and major routes, this home provides a truly exceptional lifestyle. The monthly HOA fee covers exterior house painting, cable, internet, front yard lawn service, and access to clubhouse amenities, ensuring a worry-free living experience.
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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 |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 17, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed by CENTURY 21 MYERS REALTY LAKE WALES | $238,000 | |
| Listed by CENTURY 21 MYERS REALTY LAKE WALES | |||
| Jan 29, 2020 | Sold | ||
| Sold | |||
| Jan 11, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017