7924 REDONDA LOOP
About This Property
Step outside to pavered lanai offering expansive outdoor living space, complete with a Pebble Tec pool, designer spa, tv and dining area - all ready for your dream outdoor kitchen. Relish in the privacy of a west-facing preserve lot - perfectly positioned to capture gorgeous sunsets. The tropical landscaping captures the essence of luxury Florida living! The difference is in the details - as this almost new home features impact-rated windows and doors, solid block construction, a hurricane-rated patio screen (2025), tankless water heater, new luxury vinyl plank and tile flooring (2025), custom front doors and interior shutters (2025), a three-car garage with epoxy floors and a massive laundry and storage room. Located within The Isles of Lakewood Ranch, residents enjoy resort-style amenities including a clubhouse, fitness center, resort pools and spa, pickleball and tennis courts, game lawn, dog park, fishing pier and scenic walking trails. Lakewood Ranch is the most popular planned community in the country - encompassing over 30,000 acres with over 150 miles of walking and biking trails. This fantastic location puts you minutes from dining, shopping, health services, golf and A-rated schools. UTC Mall and Waterside Place are the premier destinations for everything entertaining - plus SRQ airport, I75 and gorgeous beaches are a short drive away. No waiting, no compromises-just striking coastal elegance, sunset views, and exceptional quality. This Solana at The Isles of Lakewood Ranch is better than new and waiting for you!
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017