4915 Lighthouse Bay LANE
About This Property
Step into the living area, where you'll be captivated by its gorgeous wood-look tile flooring and high ceilings that create an airy atmosphere. The kitchen is nothing short of a culinary dream, featuring pristine white cabinetry and state-of-the-art stainless steel appliances that will make cooking an absolute joy.
In addition to the exceptional features already mentioned, this remarkable home includes a water softener for your convenience and two Tesla chargers in the garage. These upgrades are perfect for environmentally-conscious homeowners or those with electric vehicles. Furthermore, custom closets have been thoughtfully incorporated throughout the home, ensuring ample storage solutions and adding to its overall appeal.
For those who enjoy community amenities, this exceptional home boasts low HOA fees that include access to the 25,000 square foot clubhouse. Here you'll find a coffee lounge, restaurant and bar, aerobic center, basketball court, arcade, and a fitness center with an adjoining playground. As you step outside, prepare to be amazed by the two sparkling pools, a splash pad, a poolside bar, tennis and pickleball courts, a putting green, volleyball and bocce ball courts, and a playground.
Lorraine Lakes is conveniently located in Lakewood Ranch, providing easy access to the area's many attractions. Explore pristine beaches such as Siesta Key, Lido Key, and Anna Maria Island for sun-soaked days at the beach or try your hand at water sports. Golf enthusiasts will appreciate the world-class courses nearby, while downtown Sarasota and Bradenton offer an array of shopping, dining, and entertainment options.
For those who travel frequently or welcome visitors often, the proximity to multiple airports, including Sarasota-Bradenton International Airport, is a significant advantage. This move-in ready pool home embodies the ultimate Florida lifestyle and is not to be missed. Experience paradise within Lorraine Lakes today!
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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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 26, 2024 | In contract | - | |
| In contract | |||
| Mar 23, 2024 | Listed by PREFERRED SHORE | $1,100,000 | |
| Listed by PREFERRED SHORE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017