27
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1551 GEORGETOWNE LANE
About This Property
Thoughtfully renovated with meticulous attention to detail, the home features a stunning kitchen with white cabinetry, quartz countertops, a farmhouse sink, glass tile backsplash, stainless steel appliances, glass-front display cabinets, and a dry bar that opens to the inviting living room with a cozy fireplace. Beautiful porcelain tile flooring flows throughout, while both bathrooms have been tastefully updated, including a spa-inspired primary bath featuring a walk-in shower with a river rock floor.
Enjoy Florida living year-round from the oversized screened lanai overlooking the fully fenced backyard, complete with a storage shed and plenty of space for pets, play, or gardening. A spacious two-car garage and the pride of ownership evident throughout complete this exceptional property.
Located in an established neighborhood with low HOA fees and close to everything Sarasota has to offer, this home delivers the ideal combination of quality, location, and value. Move right in and start enjoying the Florida lifestyle!
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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 26, 2026 | Price Decreased |
$409,000
↓ $16K
(3.8%) | |
| Price Decreased | |||
| Sep 5, 2026 | Price Decreased |
$425,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$430,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed by COLDWELL BANKER REALTY | $440,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| Jun 14, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017