2101 RIVER RIDGE DRIVE
About This Property
From the moment you enter, you're greeted by arched doorways, graceful French doors, and terracotta floors with decorative inlays that set a rich, authentic tone. Natural light fills the home, highlighting its flowing design-perfect for both intimate dinners and grand gatherings.
The gourmet kitchen combines rustic warmth with modern updates, featuring a massive island, custom cabinetry, walk-in pantry, Italian oven, new dishwasher, granite counters, and stainless steel appliances. Shiplap ceilings and French doors open seamlessly to the lanai, bringing the outdoors in. The spacious primary retreat feels like a private sanctuary, with double French doors opening directly to the pool, dual walk-in closets, and a spa-like bath complete with dual vanities, a soaking tub, and an elegant arched-entry shower. Additional Bedrooms & Flex Space: Bedrooms 2 & 3: Generously sized with a shared updated bath. Bedroom 4: Offers its own ensuite and walk-in closet. Den/5th Bedroom: Ideal as a guest suite, home office, or cozy lounge. A Rare Spanish-Inspired Treasure in the Heart of Sarasota! ??
With its Mediterranean architecture, authentic design details, and resort-style outdoor living, this Southgate residence offers the perfect blend of timeless charm and modern luxury.
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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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Listed by RE/MAX ALLIANCE GROUP | $899,000 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
| Apr 25, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by RE/MAX ALLIANCE GROUP | $949,000 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017