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1011 BACON AVENUE
About This Property
Tucked away on a quiet dead-end street, this well-maintained 2 bedroom, 2 bathroom home offers privacy, flexibility and a central Sarasota location with no HOA fees or restrictions. From the moment you enter, the home feels open and inviting, with long sightlines and connected living spaces that create a natural sense of flow. The living and dining areas are open to one another, giving the home an airy feel while still maintaining defined spaces. Crown molding adds subtle character and ceramic tile flooring throughout provides durability and easy upkeep. The layout allows natural light to travel through the home, enhancing the sense of space and openness. The kitchen sits at the heart of the home and connects seamlessly to both the living and dining areas. Generous counter space, ample cabinetry and a long serving bar make it functional for everyday living while also working well for gatherings. Sliding glass doors bring in additional light and lead to the screened-in lanai, extending the living space outdoors. The primary suite offers a comfortable retreat with a large walk-in shower, while the second bedroom provides flexibility for guests, a home office, or additional living needs. Outside, the fully fenced backyard offers privacy and room to relax or entertain. A one-car garage and extra-wide driveway provide convenient parking and storage. Key improvements have already been completed, including a new septic tank and drain field (2019), A/C replacement (2021), and water heater (2022), along with a whole-home water filtration system. Centrally located in Sarasota, this home is just minutes from shopping, dining, beaches, public transportation, and the unique charm of Pinecraft!
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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 |
|---|---|---|---|
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by KW SUNCOAST | $299,900 | |
| Listed by KW SUNCOAST | |||
| Jul 17, 2025 | Price Increased |
$360,277
↑ $5K
(1.5%) | |
| Price Increased | |||
| Apr 21, 2025 | Listed | $354,900 | |
| Listed | |||
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Don't miss this opportunity to own this 2 bed 2 bath home on a quiet dead end street with no HOA fees or restrictions. This home has ceramic tile and laminated flooring, interior / exterior paint 2 years new. Very spacious living room and dining area with attractive crown molding. Fenced large backyard and screened in lanai. Master bathroom has a large walk in shower. One car garage and extra wide driveway for plenty of parking space. Septic tank and drain field replaced in 2019, new A/C in 2021, water heater in 2022. Home water filtration system in place. This home is move in ready! Centrally located, close to shops, restaurants, beaches, bus line and Pinecraft.
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| Apr 6, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017