5406 119th TERRACE E
About This Property
outside. Peaceful is how I expect you'll define the glistening lake view from the extended screened
lanai. Seller is certain your energy will be refreshed by the "tropical soul" of the lake. The
pristine landscaping and garden-curbing will impact your first impression even before opening the
front door to this 3 bedroom, 2 bathroom home. Enter into a large bonus room with vaulted ceiling,
perfect flex space to suit your personal needs. The open concept combines the living room with
soaring ceilings, kitchen and dining area all with water views beyond the glass sliders...there's not
a bad seat in the house. Stainless steel appliances, bar top seating, double pantry and built-in
desk area create a kitchen space everyone will enjoy. The primary suite features a generous walk-in
closet, over-sized shower with separate soaker tub, double sinks and private sliders with access to
lanai. There is a 2-car garage and the entire home has high-impact windows. Lakeside Preserve has
NO CDD and LOW HOA fees! A friendly community with resident fishing, a basketball/sport court,
playground and easy access to I-75, Ellenton Outlet Mall, Fort Hamer Bridge, Lakewood Ranch and a
host of shopping options. Furniture can be left for your convenience or removed upon request. Assistance with closing costs is negotiable.
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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 |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Price Decreased |
$388,000
↓ $11K
(2.8%) | |
| Price Decreased | |||
| Apr 22, 2024 | Listed by CORCORAN DWELLINGS REALTY | $399,000 | |
| Listed by CORCORAN DWELLINGS REALTY | |||
| May 23, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017