1994 TOM MORRIS DRIVE
About This Property
A long list of major improvements completed since 2021 brings lasting value and peace of mind. A new roof (2021), two HVAC systems, new hurricane-impact windows and sliders (2023), updated propane gas lines tied to a buried 250-gallon tank (serving the range and fireplace), a new backyard fence, a resurfaced pool, and a travertine pool deck elevate both efficiency and style. The expansive screened lanai-with a built-in grill, sink, and refrigerator-creates an inviting backdrop for year-round outdoor dining overlooking the private, park-like yard.
Inside, the remodel continues with a refreshed chef's kitchen featuring quartz countertops, refinished cabinetry, a reconfigured single-level island, and newer refrigerator, dishwasher, and range. Additional upgrades include resurfaced circular and side driveways, an enhanced front walkway, and an impressive 300+ bottle refrigerated wine closet with custom glass doors and a WhisperKOOL SC PRO climate system-perfect for collectors.
The primary suite offers a relaxing retreat with lake views and direct outdoor access. Three additional bedrooms-including the oversized 4th bedroom-sit in a split arrangement for privacy. Tile flooring, high ceilings, crown molding, built-ins, and ample natural light highlight the home's inviting flow. A 2-car side-entry garage and plenty of guest parking round out daily convenience.
Residents of Laurel Oak Estates, a guard-gated community with meticulously maintained streets and lush landscaping, may join Laurel Oak Country Club through optional membership for access to two championship golf courses, tennis, pickleball, aquatics, social dining, and vibrant member events.
Location is another standout. This property sits moments from Celery Fields, Rothenbach Park, Waterside Place at Lakewood Ranch, UTC's dining and shopping district, and top-tier schools. Downtown Sarasota, SRQ Airport, cultural venues, and Gulf beaches are all within easy reach-making this well-appointed home the perfect blend of privacy, convenience, and Florida living.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 4, 2026 | In contract | - | |
| In contract | |||
| Mar 28, 2026 | Price Decreased |
$1,400,000
↓ $149K
(9.6%) | |
| Price Decreased | |||
| Feb 28, 2026 | Price Decreased |
$1,549,000
↓ $101K
(6.1%) | |
| Price Decreased | |||
| Jan 5, 2026 | Price Decreased |
$1,650,000
↓ $145K
(8.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017