7709 Cavendish COVE
About This Property
two bedrooms with large walk in closets; a full bath and plenty of space. Large den could be converted to a 4th bedroom by adding a closet. An additional half bath features a comfort height commode and easy access to the lanai. You'll love the storage in the oversized laundry room with large and ample cabinetry; sink and a large closet. Other features include 4 linen/storage closets and a built in pantry; a radiant barrier in attic to reduce energy costs; in-wall pest control and an oversized 3 car garage with a sink. This welcoming, social, maintenance-free neighborhood has association included irrigation. Welcome home to the heart of Lakewood Ranch, the # 1 fastest selling multi generational community in the US! Just minutes to the UTC corridor with its amazing restaurants and shopping! Sarasota and her award winning beaches are a short drive away! Don't miss this opportunity to be a part of Florida Living at its finest!
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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 |
|---|---|---|---|
| Aug 25, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2023 | Listed by KELLER WILLIAMS REALTY SELECT | $1,249,000 | |
| Listed by KELLER WILLIAMS REALTY SELECT | |||
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by KELLER WILLIAMS REALTY SELECT | $1,049,000 | |
| Listed by KELLER WILLIAMS REALTY SELECT | |||
| Nov 18, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017