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2709 MARLETTE STREET
About This Property
Inside, the updated kitchen features granite countertops, stainless steel appliances, and a large center island perfect for gathering with family and friends. Terrazzo flooring adds timeless character throughout much of the home, while both bathrooms have been tastefully renovated. Each room has a ceiling fan and cellular shades on all the windows to keep the home cool and comfortable. The spacious bonus room, with a tongue-and-groove ceiling, offers endless possibilities, like a family room, home office, playroom, gym, or even a potential fourth bedroom.
Step outside to a fenced backyard with plenty of room for pets, play, gardening, or even a future pool, plus a large storage shed for all your tools and equipment. There is also room for an ensuite addition, with architectural plans already drawn and available with the home.
Recent improvements include a newer roof (2018), HVAC (2018), energy-efficient impact windows, and leased solar panels that help keep the electric costs low and insure against future rate hikes. The home also features public water and sewer with no HOA fees.
Conveniently located less than 5 miles from Siesta Key Beach, downtown Sarasota, lots of shopping, dining, and everyday conveniences. This move-in-ready home offers comfort, flexibility, and an unbeatable location.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$399,000
↓ $41K
(9.3%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$440,000
↓ $25K
(5.4%) | |
| Price Decreased | |||
| Jul 30, 2026 | Listed by KW COASTAL LIVING III | $465,000 | |
| Listed by KW COASTAL LIVING III | |||
| Jun 5, 2019 | Sold | ||
| Sold | |||
| Oct 13, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017