49 CABALLO WAY
About This Property
Step inside to a spacious living room with a separate dining area and plenty of room to relax or entertain. One of the highlights of the home is the newly remodeled front lanai, featuring all-new windows and creating another wonderful space to enjoy Florida living. The home also features new hurricane windows throughout for added peace of mind.
There are multiple areas to enjoy both indoors and out, including the main living area, front porch, side porch, and a new paver patio area perfect for relaxing or visiting with friends.
Both bedrooms are generously sized. The primary bathroom features a newly remodeled shower, while the guest bathroom has also been tastefully updated.
Enjoy an exceptionally affordable HOA fee of approximately $300/month, which includes water, sewer, trash, cable, and internet.
Located just off Palma Sola Bay and only minutes from the beautiful Gulf beaches, shopping, restaurants, and area attractions, this home offers the relaxed Florida lifestyle so many buyers are searching for. Turnkey, updated, land-owned, and ready to enjoy!
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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 |
|---|---|---|---|
| Sep 20, 2026 | Price Decreased |
$208,000
↓ $7K
(3.3%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed by COLDWELL BANKER REALTY | $215,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017