1702 HILLVIEW STREET
About This Property
This two-bedroom, two-bath gem effortlessly blends whimsy with warmth. Inside, recent updates bring fresh life to its character, while a raised ceiling in the living area adds volume and light. Adding to its timeless appeal are the Pecky Cypress walls - a rare Old Florida detail that infuses warmth, texture, and both a rustic and refined feel throughout.
Out back, an enchanting outbuilding awaits- an above-garage air-conditioned studio makes a perfect bonus space!
Whether you choose to live in and love this property as it is, or design your own custom residence, this location is second to none. With its
"Old Florida" charm woven seamlessly into an urban lifestyle, West of The Trail continues to be the crown jewel of Sarasota living.
For builders and sophisticated investors seeking their next high-upside project: The seller welcomes serious conversations regarding a cooperative approach, including a potential partnership with an experienced builder/investor aligned on vision and execution. Let's explore possibilities!
Roof - 2021, AC - 2017, Tankless Hot Water Heater - 2023
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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 |
|---|---|---|---|
| Apr 22, 2026 | Sold | ||
| Sold | |||
| Mar 22, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Decreased |
$799,000
↓ $26K
(3.1%) | |
| Price Decreased | |||
| Jan 3, 2026 | Price Decreased |
$824,900
↓ $14K
(1.7%) | |
| Price Decreased | |||
| Sep 5, 2025 | Listed by COLDWELL BANKER REALTY | $839,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017