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2000 CRAFT LANE
About This Property
Inside, new luxury vinyl flooring runs throughout the open floor plan, complementing the home's thoughtful modern updates. The renovated chef's kitchen features Shaker-style cabinetry with custom storage, oiled cherry butcher-block and charcoal quartz countertops, two refrigerators, two sinks, a gas range, and updated pendant and under-cabinet lighting. Each bedroom includes an en-suite bath, while an enclosed lanai off the kitchen provides additional air-conditioned living space with its own Mitsubishi mini-split system. The lanai overlooks a deep, private backyard surrounded by mature trees, tropical landscaping, flowering plants, and pond with a stone waterfall. Additional features include a newly roofed 12-by-18-foot hobby shed, a one-car garage, and a rear carport, providing flexible storage for vehicles, a boat, or recreational equipment. Just steps from the front door, Arlington Park offers swimming pools, tennis and basketball courts, playground, fitness area, walking trail, and a dog park. The home is located within the Southside Elementary school district and just minutes from Downtown Sarasota, the Bayfront, Legacy Trail, Selby Gardens, St. Armand's Circle, and Siesta Key. No HOA fees or deed restrictions. Call us today for your private showing.
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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 |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by MICHAEL SAUNDERS & COMPANY | $725,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Apr 12, 2022 | Sold | ||
| Sold | |||
| Mar 3, 2022 | Listed by MICHAEL SAUNDERS & COMPANY | $659,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Nov 2, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017