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1500 CREST DRIVE
About This Property
The living room features a cozy fireplace, and the kitchen offers generous cabinet storage with plenty of room to work. An on-demand hot water heater and a spacious utility room with washer and dryer add everyday convenience. The master bedroom is notably large with ample closet space, and the wide floor plan gives the home a relaxed, easy feel.
Outside, you'll find a generous pool area and an enclosed game room with a pool table - great for entertaining. There's also plenty of concrete parking alongside the house for boat / RV.
The location is a real draw. You're a short drive from Manasota Key, Englewood Beach, Venice Beach, and Siesta Key, known for its white sand. Fishing is excellent in the area - from local beaches with tarpon fishing to Sharkey's Pier and the Venice and Nokomis jetties. Spring training for the Braves, Rays, Orioles, and Pirates is all within 45 minutes.
Day-to-day, the area offers farmers' markets in Englewood, Wellen Park, Venice, and Sarasota, along with regular festivals, concerts, and community events. Parks with tennis, pickleball, soccer, and baseball facilities are nearby, and five major airports are within 75 minutes.
Optional HOA membership includes access to a private boat ramp and waterfront parks.
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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 14, 2026 | Listed by NEXTHOME EXCELLENCE | $339,000 | |
| Listed by NEXTHOME EXCELLENCE | |||
| Jan 1, 2026 | Price Decreased |
$349,000
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Nov 19, 2025 | Relisted | $359,000 | |
| Relisted | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Price Decreased |
$359,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017