568 Ravello BOULEVARD
About This Property
2034 SF of living space. Step out through the double glass doors and relax on the screened lanai where you will enjoy a long water view on the biggest lake in Toscana Isles. Plenty of room for a private pool if desired. The well-appointed kitchen has a convenient, walk-in corner pantry and provides ample cabinet and counter space. Stainless steel appliances add to the contemporary look of the kitchen area. Beautiful, tiled walk-in shower in bedroom one bathroom and a tub with tiled shower in guest bathroom. Two walk in closets in bedroom one and a generous closet in the guest bedroom. The den window, closet and a door, so it could easily be used as a fourth bedroom. Tasteful lighting package sets the perfect mood throughout the home. Attached 2-car garage and lush landscaping package add to the beauty of this home's attractive exterior. Toscana Isles is a gated and lawn maintenance provided community with low fees. The 8000 sf Clubhouse offers residents an infinity edge pool, work out room, party room, billiard room and bar area, tennis, pickle ball, playground and dog park. This community is designed for an active lifestyle, including fishing, kayaking and canoes on a 60 acre lake. All centrally located, close to Venice Island and its fabulous beaches, restaurants and shopping. **Photos are not of actual home. Homes will vary as built.**
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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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2023 | In contract | - | |
| In contract | |||
| Aug 21, 2023 | Listed by DR HORTON REALTY OF SOUTHWEST FLORIDA LLC | $672,775 | |
| Listed by DR HORTON REALTY OF SOUTHWEST FLORIDA LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017