37 CABALLO WAY
About This Property
This turnkey home welcomes you from the moment you step into the inviting spacious enclosed cozy sitting area, the perfect place to relax and enjoy the Florida lifestyle. Inside, you'll find a spacious, open-concept floor plan featuring a practical designed kitchen with abundant cabinetry, generous counter space, and plenty of storage-ideal for everyday living and entertaining.
The kitchen flows seamlessly into the dining area and an expansive living room, creating a bright, open space filled with natural light. The generously sized guest bedroom is conveniently located near a well-appointed guest bathroom, while the spacious primary suite offers a private en-suite bathroom and ample closet space.
Throughout the home, you'll appreciate the abundance of storage along with the light and airy feel that makes this home so inviting.
Enjoy living just minutes from the area's beautiful Gulf beaches, shopping, dining, and everyday conveniences. The affordable HOA fee of just $300 a month includes water, sewer, trash, cable, internet, and access to outstanding community amenities, including a clubhouse, heated pool, and private neighborhood dock on Palma Sola Bay.
Whether you're looking for a full-time residence or the perfect seasonal getaway, this exceptional home offers the ideal combination of comfort, convenience, and the relaxed Florida lifestyle you've been dreaming of.
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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 13, 2026 | Listed by COLDWELL BANKER REALTY | $199,900 | |
| Listed by COLDWELL BANKER REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017