48 SORRELL Court
About This Property
This beautiful move in ready home offers a blend of modern amenities and community features, making it an ideal place for families looking for a comfortable and active lifestyle. Located in the #1 rated school district in Florida!
Lots of upgrades with features that include a gourmet kitchen with a large center island great for entertaining! Large picture windows overlook an enclosed lanai, extended paver patio into the fenced backyard which backs up to preserve.
Seller to offer 1% lender credit toward buyer's closing costs when using Michelle Bester with ATM Lending.
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Cap Rate Calculator
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 17, 2025 | Sold | ||
| Sold | |||
| Sep 12, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Price Decreased |
$528,000
↓ $12K
(2.2%) | |
| Price Decreased | |||
| Apr 14, 2025 | Price Decreased |
$539,700
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jan 23, 2025 | Listed by MOMENTUM REALTY | $550,000 | |
| Listed by MOMENTUM REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017