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1097 WILLIS AVENUE
About This Property
Inside, the home offers a spacious and adaptable layout with multiple living areas that can easily be tailored to your needs. Create a formal dining area, home office, media room, playroom, or additional lounge space depending on your lifestyle. The kitchen has been updated with granite countertops, refreshed cabinetry, and newer appliances, blending practicality with a clean modern feel.
The home also features solar panels to help offset electric costs, plus a newer well and septic system for added peace of mind and efficiency.
Conveniently located near UTC Mall, Downtown Sarasota, Nathan Benderson Park, Bobby Jones Golf Club, Siesta Key Beach, shopping, dining, dog parks, sports fields, and everyday essentials, this property combines accessibility with the flexibility that's becoming harder to find in Sarasota.
If you've been searching for a pool home with room to spread out and fewer restrictions, this is an opportunity worth seeing.
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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 |
|---|---|---|---|
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Jun 30, 2026 | Price Decreased |
$414,900
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$424,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jun 1, 2026 | Price Decreased |
$434,900
↓ $10K
(2.3%) | |
| Price Decreased | |||
| May 12, 2026 | Price Decreased |
$444,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017