5696 FERRARA DRIVE
About This Property
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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 |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Mar 28, 2026 | In contract | - | |
| In contract | |||
| Mar 21, 2026 | Listed by COLDWELL BANKER REALTY | $675,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Nov 2, 2021 | Sold | ||
| Sold | |||
| Jul 31, 2017 | Listed | $469,900 | |
| Listed | |||
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PRICE REDUCED $10,000! Enjoy the casual resort lifestyle amidst the lake and nature trails of Village Walk, one of Palmer Ranch's most popular maintenance free communities. This expanded Oakmont model is on a premium lot with direct lake views. The open floor plan is complimented by double sliding doors opening onto the 20 x 40 screened lanai with an electric awning. Quality DiVosta construction with poured, steel reinforced walls, 8 ft doors in the interior along with volume ceilings. 3 bedrooms plus a den or office. Granite counter tops in the kitchen along with glass tile back splash. Granite counters with vessel or under mount sinks in the bathrooms. Village Walk amenities include a expansive clubhouse, planned social activities, a large state of the art exercise room, heated lagoon and lap pools, lighted Har-Tru tennis courts, cafe, miles of walking or biking paths. This well maintained home is in close proximity to shopping, restaurants, the Legacy Trail and Sarasota's world renowned beaches.The manager has listed the unit size as 2201 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017