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696 RAVELLO BOULEVARD
About This Property
Inside, every detail has been thoughtfully considered. Custom Closets by Design systems in both the primary suite and front guest bedroom provide exceptional organization, while the upgraded laundry room, epoxy-finished garage floor, and screened front entry add both style and convenience. Accessibility features, including a wheelchair-accessible front entrance and a walk-in therapeutic tub, offer flexibility for a variety of lifestyles.
Residents of Toscana Isles enjoy a maintenance-free lifestyle with exceptional amenities, including an infinity-edge pool, elegant clubhouse, fitness center, tennis and pickleball courts, bocce, kayak launch, scenic walking trails, and a vibrant social calendar. Ideally located just minutes from Nokomis Beach, Venice Island, downtown Wellen Park, shopping, dining, and I-75, this home offers the perfect blend of luxury, convenience, and Florida living.
Meticulously maintained and beautifully appointed, this exceptional lakefront residence is ready for its next owner to simply move in and enjoy.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Listed by KW COASTAL LIVING III | $610,000 | |
| Listed by KW COASTAL LIVING III | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017