10
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335 N WASHINGTON DRIVE
About This Property
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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 3, 2026 | Listed by SHORE PROPERTY GROUP | $4,750,000 | |
| Listed by SHORE PROPERTY GROUP | |||
| Apr 7, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Nov 26, 2025 | Listed by COLDWELL BANKER REALTY | $995,000 | |
| Listed by COLDWELL BANKER REALTY | |||
| | |||
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Opportunities of this kind are rare in the heart of St. Armands. Just one block from the iconic St. Armands Circle, this vacant parcel offers the freedom to design and build a residence that fully embraces its distinguished surroundings. Professionally cleared and ready for development, the lot presents a pristine canvas within one of Sarasota’s most sought-after enclaves. The location is exceptional - only a short bike ride to the sugar-white sands of Lido Beach, where days unfold in sunlight, salt air and the ease of coastal living. While views may vary based on final design and elevation, the setting itself ensures a true island-lifestyle experience. From this address, Sarasota’s finest amenities are minutes away: the boutique shops, cafés and restaurants of St. Armands Circle sit just steps from your door; downtown Sarasota lies just across the Ringling Bridge; and world-class destinations such as The Ritz-Carlton, Sarasota Yacht Club, Longboat Key Club and the future St. Regis are all close at hand. Whether your vision is a bold architectural statement, an elegant private retreat or a tranquil seasonal escape, this property offers a rare chance to bring it to life in a revered location where opportunities of this caliber seldom come to market.
| |||
| Jul 9, 2025 | Price Decreased |
$1,050,000
↓ $150K
(12.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017