4507 Ferrari Drive
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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 24, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Listed by Advantage Realty #1 | $319,000 | |
| Listed by Advantage Realty #1 | |||
| Apr 6, 2026 | Listed by ADVANTAGE REALTY 1 | $319,000 | |
| Listed by ADVANTAGE REALTY 1 | |||
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Enjoy all that Sebring is known for—beautiful lakes, outdoor recreation, historic charm, and a community spotlighted by HGTV. A rare opportunity to own a thoughtfully designed new construction home in one of Central Florida’s most desirable and welcoming towns. New floor plan BLOCK home under construction in the heart of Sebring in the desirable area of Sebring Country Estates. Spacious open, split floor plan, 3/2/2. Covered front porch is 17’X 5’. Home features a rear covered/screened lanai of 35’L X 8’W. Open concept with great room featuring a cathedral ceiling & recessed LED lighting. All other ceiling are 9 ft high. Home features, porcelain tile in all wet areas & laminate wood in all other areas. Spacious kitchen opens to great room. Kitchen features granite counter tops, stainless steel appliances, built-in microwave and a walk-in pantry. The kitchen island, features a sink & dishwasher. The great room has double doors that opens to your covered/screened lanai of 35’ L X 8’ wide. Master Suite is spacious and prewired for a ceiling fan, features an in-suite walk in closet of 9’X8’. Also features an in-suite master bath with double vanities, granite vanity tops, a walk in ceramic tiled shower, private water room and lien closet. The other 2 bedrooms are located on the other side of the home. Bedrooms are prewired for ceiling fans. There is a full bath off the kitchen area and adjacent to bedroom #3. This bath has granite vanity top & a tiled tub/shower combo. Home has a double garage with attic access & a smart automatic garage door opener and LED recessed lights. The laundry area & pantry is located as you come in from the garage making it so convenient to stock you groceries. The yard features an irrigation system. The back yard has a new vinyl fence. You have space for your fire pit & entertaining on your large covered/screened lanai. The back yard has a new vinyl fence. Minutes from Walmart, Walgreens, Publix, hospitals, South Fl State College, Nucor & US Hwy 27. Sebring International Raceway is 13 miles, approximately 70 miles from Punta Gorda Airport, 80 south of Orlando International Airport, 97 miles south of Tampa International Airport , 160 miles from Miami and about 70 miles to east or west coast of Florida. Come live the dream in Sebring! We are HIGHLANDS county.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017