1410 Siesta DRIVE
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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.
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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 8, 2025 | Price Decreased |
$3,700,000
↓ $200K
(5.1%) | |
| Price Decreased | |||
| Jan 10, 2025 | Listed | $3,900,000 | |
| Listed | |||
| | |||
|
Experience the pinnacle of waterfront luxury and convenience in this updated Sarasota bayfront home. Located in the highly sought after West of Trail area, this gated property spans half an acre and offers 160 feet of waterfront, newer seawall, and space for a boat dock and lift, perfect for boating enthusiasts seeking quick access to open waters. Minutes from Siesta Key Beach, Sarasota's Downtown District, shopping, dining, and A+ schools, this home blends privacy with prime accessibility. Featuring a new metal roof (2022), hurricane-impact windows, the residence is designed for the comforts of modern living. Inside, high ceilings, panoramic bay views, and an elevator enhance the spacious layout. The remodeled kitchen features stone countertops, waterfall quartzite island, Sub-Zero refrigerator, double oven, wine cooler, and custom cabinetry. The owner’s suite offers stunning water views, a custom walk-in closet, and a resort-style ensuite. Outdoors, a 45-foot heated saltwater pool and serene garden create a private oasis. 1410 Siesta Drive is the epitome of Sarasota’s waterfront lifestyle, combining luxury, functionality, and an unmatched location.
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| Apr 8, 2024 | Sold | ||
| Sold | |||
| Jan 7, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Price Decreased |
$3,995,000
↓ $180K
(4.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017