3708 LALANI BOULEVARD
About This Property
Welcome to this charming 2-bedroom, 1-bath home - bright, clean, and move-in ready!
Located in the family-friendly Ridgewood Estates neighborhood, this home is centrally positioned in the heart of Sarasota - within a short distance of Urfer Park and just minutes from top-rated schools, UTC shopping, dining, I-75, and the world-famous Siesta Key Beach.
The property features a covered carport with a 240-volt RV hookup, perfect for travel enthusiasts or extra utility needs. The roof and A/C unit were both installed in 2019, offering peace of mind and energy efficiency. Inside, the kitchen boasts new granite countertops and a lovely view of the private, fenced backyard.
Step outside to enjoy a storage shed, chicken coop, a beautiful grand oak tree for ample shade, and a passion fruit-covered arch that fruits annually - ideal for those who appreciate a touch of homestead living.
Ride bikes safely on cement sidewalks and enjoy the warm, welcoming community vibe. Sold As-Is.
BONUS: When using the seller's preferred lender, the lender will contribute 1 percent of the loan amount towards closing costs and will pay for the appraisal!
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | In contract | - | |
| In contract | |||
| Nov 16, 2025 | Price Decreased |
$260,000
↓ $25K
(8.8%) | |
| Price Decreased | |||
| Nov 12, 2025 | Price Decreased |
$285,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Nov 2, 2025 | Price Decreased |
$299,900
↓ $8K
(2.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017