1617 Baywinds LANE
About This Property
Every detail of this residence has been meticulously crafted for both style and functionality. Enjoy the airy and bright living spaces featuring vaulted ceilings and beautiful 24" porcelain tile flooring throughout. The expansive windows offer panoramic views of the sparkling pool from every room, creating a seamless indoor-outdoor living experience.
The kitchen is a chef's delight, featuring infinity quartz countertops, top-of-the-line stainless steel appliances, and a spacious island for entertaining. With new AC, hot water heater, pool heater, and updated appliances, this home offers modern comfort and peace of mind.
Step outside to discover the true beauty of this property's outdoor living spaces. Whether you're relaxing by the poolside oasis or hosting gatherings under the covered lanai, you'll appreciate the attention to detail and luxury at every turn. The pebble tech pool has been recently resurfaced, and the entire semi-circle driveway and pool area are adorned with high-end pavers.
Conveniently located just a short drive from Siesta Key Beach and downtown Sarasota, this home offers easy access to the area's vibrant arts scene, fresh seafood dining, and endless recreational opportunities. Nestled in a quiet and upscale neighborhood, Baywinds Lane provides the perfect retreat from the hustle and bustle of city life while still being close to all the amenities you desire. Don't miss out on the opportunity to make this coastal sanctuary your forever home-schedule your private tour today!
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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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by COLDWELL BANKER REALTY | $1,234,500 | |
| Listed by COLDWELL BANKER REALTY | |||
| Jun 1, 2022 | No longer available | - | |
| No longer available | |||
| May 12, 2022 | Price Decreased |
$1,750,000
↓ $100K
(5.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017