361 SCOTT AVENUE
About This Property
Inside, a bright open great room flows into a kitchen built for hosting, with Corian counters, a center island, built in oven and separate cooktop. Original terrazzo and ceramic tile run through much of the home, paired with crown molding and fresh interior paint that show off the mid century architecture. The primary suite offers a custom fitted walk in closet and a fully updated granite bath. Two additional bedrooms, a dedicated laundry room and a separate dining room complete the easy single level layout.
Out back, a covered lanai opens to an 18x36 private pool inside a fully fenced, irrigated yard. A wide gated entry gives you room to park an RV, boat or trailer inside the enclosed yard, and the double lot still leaves space to entertain, garden, add a workshop or expand the home. Lots this size west of Trail are increasingly hard to find. Buyer to verify any parking, expansion, additional structure or rental use with Manatee County.
The optional Whitfield Estates HOA is $35 a year, and residents may apply for a culinary membership at the historic Sara Bay Country Club. The Ringling, Asolo Repertory Theatre, New College, Ringling College of Art and Design, IMG Academy, SRQ Airport, UTC and downtown Sarasota are all a short drive, with St. Armands Circle, Lido Key and the Gulf beaches close at hand. Schedule your showing today.
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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 16, 2026 | Price Decreased |
$579,000
↓ $11K
(1.9%) | |
| Price Decreased | |||
| Aug 9, 2026 | Price Decreased |
$589,900
↓ $9K
(1.5%) | |
| Price Decreased | |||
| Aug 9, 2026 | Relisted | $599,000 | |
| Relisted | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| May 26, 2026 | Relisted | $599,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017