82
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407 MADONNA
About This Property
Welcome to La Casa, an enchanting community where 974 exquisite homes are beautifully set among native trees, surrounded by spacious common areas and eight serene lakes. Our generous 60 by 80-foot lots offer your ideal space. Perfectly located between Sarasota and Fort Myers, La Casa is a boater's paradise with direct access to the stunning Gulf of Mexico. Enjoy easy access to shopping, sightseeing, golfing, and fishing, all while immersing yourself in the rich culture of Southwest Florida. Experience the warmth of Southwest Florida's winters in a relaxed environment, far from the east coast hustle. Our lush, mature landscaping reflects the dedicated care of residents and management. La Casa features some of the finest pools in the area, including our magnificent 40 by 60-foot swimming pool, maintained at a delightful 87 degrees, and a cozy 20 by 40-foot pool nestled between the clubhouse and Activity Building, both with inviting hot tubs. Stay connected with our complimentary Wi-Fi at the Clubhouse, Activity Building, and Recreation Hall while you soak up the sun. La Casa is a family-friendly haven where you can enjoy tranquility while remaining close to vibrant attractions. Come visit our charming oasis and discover why La Casa is the ultimate destination for snowbirds and year-round residents!
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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 |
|---|---|---|---|
| Oct 19, 2026 | Price Decreased |
$144,900
↓ $10K
(6.5%) | |
| Price Decreased | |||
| Apr 17, 2026 | Price Decreased |
$154,900
↓ $5K
(3.1%) | |
| Price Decreased | |||
| Feb 12, 2026 | Relisted | $159,900 | |
| Relisted | |||
| Jan 26, 2026 | In contract | - | |
| In contract | |||
| Apr 11, 2025 | Listed by LA CASA REAL ESTATE INC. | $159,900 | |
| Listed by LA CASA REAL ESTATE INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017