5304 Coral Reef WAY
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Nov 28, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by COLDWELL BANKER REALTY | $635,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Apr 24, 2023 | Sold | ||
| Sold | |||
| Jan 16, 2023 | Listed by ICON PREMIUM REALTY LLC | $595,000 | |
| Listed by ICON PREMIUM REALTY LLC | |||
| | |||
|
This stunning home shows like a model home!! Here is your opportunity to buy this gorgeous, move-in ready pool home in the desirable Lorraine Lakes community within Lakewood Ranch with no waiting for and dealing with the challenges of new construction! Love, care, and skill went into the design and finishes of this home which is the popular Venice floor plan offering 3 bedrooms and 3 full baths in a split plan layout. As soon as you enter this home, you are greeted with a beautiful vista of the outdoor living area featuring a gorgeous custom pool and spa. There is custom millwork throughout the home including crown molding, door, and window casings, and elegant wall panels in the kitchen, island, and dining areas. The windows are graced with beautiful custom window treatments which complement the soft palette of soft colors used in this home. The stunning kitchen would thrill any chef with gas cooking and stylish white shaker panel cabinets trimmed with crown molding and designer hardware, upgraded appliances and fixtures, a beautiful designer backsplash, and stone countertops offering plenty of space for prep and countertop seating for up to three guests. Offering tons of cabinet storage, there is also a spacious walk-in pantry to store all of your extras. Upgraded neutral porcelain tile runs throughout the entire main living area. The king-size master bedroom is spacious and peaceful with views of the sparkling pool and features two large walk-in closets. The master bath is fitted with dual sinks, stone countertops, plenty of storage plus an impressive oversized walk-in shower. There are two additional, very comfortable guest suites ready to accommodate your family and company. A fully equipped laundry room and a 2-car garage complete this fabulous layout. True to its namesake, Lorraine Lakes is designed around many sparkling lakes, offering sweeping water and preserve views. Life is good here! Enjoy maintenance-free living with lawn care and internet included in your HOA fee. One-of-a-kind amenities include a multimillion-dollar Clubhouse with a restaurant and bar, a resort-style pool with lap lanes, a fitness center, tennis, pickleball, basketball and bocce ball courts, sports/event lawn, playground, splash park, and sand volleyball. Lakewood Ranch is rated as the nation’s #1 multi-generational planned community known for excellent schools, beautiful state parks, exceptional restaurants and entertainment, unlimited shopping, some of the best beaches in the country (only a 25-minute drive away), 3 professional sports teams an hour away and many great golf courses nearby. Call today for your private showing of this amazing home!
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017