6722 OAKMONT WAY
About This Property
The heart of the home is a chef's kitchen, recently updated with quartz waterfall countertops, soft-close white cabinetry, stainless appliances, a walk-in pantry, and a casual dining nook. The adjacent great room centers on a fireplace and spans to a screened lanai with panoramic river views, saltwater pool, spa, and lush gardens-perfect for entertaining or serene downtime.
Retreat to the first-floor primary suite boasting custom-built-ins, double-vanity bath, walk-in shower, and freestanding tub. Upstairs, three generous bedrooms, two baths, and a bonus room with a second fireplace await. The four-car side-entry garage features epoxy flooring, a Tesla charger with Powerwall, and a guest half bath.
Recent upgrades include a 2021 roof, three new A/C units, fresh siding and paint, Tesla solar panels, an irrigation well, automated pool controls, and a laundry chute with combo washer-dryer. The River Club provides a Ron Garl–designed 18-hole championship golf course, with Lakewood Ranch's dining, shopping, polo events, Sarasota's cultural attractions, and Gulf beaches all just minutes away.
This estate offers a rare blend of luxury, lifestyle, and location-and it won't last long.
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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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Price Decreased |
$1,399,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| May 15, 2025 | Price Decreased |
$1,499,000
↓ $100K
(6.3%) | |
| Price Decreased | |||
| Feb 19, 2025 | Relisted | $1,599,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017