4308 WORDSWORTH WAY
About This Property
Location is key, and this home is ideally situated just minutes away from world-class golf courses, pristine beaches like Manasota Key, Venice Beach and Nokomis Beach. You also have easy access to downtown Venice with its many quaint and unique shops and restaurants . The Wellen Park District with more shops and restaurants is very convenient as well as the top rated Sarasota Memorial Hospital. you may also go to the Venice jetty and possibly see dolphins playing and a variety of boats cruising by. click on the link to view the 3D tour. This is set up for the full Florida lifestyle.
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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 24, 2025 | Sold | ||
| Sold | |||
| Sep 29, 2025 | In contract | - | |
| In contract | |||
| Sep 14, 2025 | Relisted | $470,000 | |
| Relisted | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Price Decreased |
$470,000
↓ $30K
(6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017