4020 CAPLAND AVENUE
About This Property
There's something special about waking up to wide, peaceful golf course views - and this home delivers that feeling every single day. Set along the 12th hole in the sought-after Kings Ridge 55+ community, this beautifully maintained 3-bedroom, 2-bath home invites you to slow down, breathe deep, and truly enjoy Florida living.
From the moment you pull into the paver driveway, you'll feel the pride of ownership. Inside, the home is light, comfortable, and move-in ready-the kind of place that feels easy to live in from the moment you walk in. Large windows frame the golf course, creating a calming backdrop whether you're enjoying your morning coffee or winding down in the evening. The indoor-outdoor connection makes everyday life feel like a retreat.
Located in the gated Sussex neighborhood, you'll enjoy peace of mind with hurricane shutters, professional landscaping, and low-maintenance living, so your time stays focused on the things you love, not home upkeep.
And the lifestyle? That's where Kings Ridge truly shines. Residents enjoy:
• Multiple heated pools
• A full fitness center
• Spa amenities, including sauna and steam rooms
• An active clubhouse with social events and activities
• Beautifully maintained grounds and 24/7 gated security
This home is perfect for anyone looking to downsize without giving up space, comfort, or views - and with the recent price drop, it's one of the best golf-front values in Kings Ridge right now.
Homes like this don't come along often - especially at this price. Schedule your private showing today and see how effortlessly this home fits the next chapter of your life.
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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 |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Mar 18, 2026 | In contract | - | |
| In contract | |||
| Mar 14, 2026 | Relisted | $300,000 | |
| Relisted | |||
| Mar 6, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Price Decreased |
$300,000
↓ $35K
(10.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017