3864 BLUE STONE WAY #68
About This Property
The manager has listed the unit size as 1040 square feet.
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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 |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed | $210,000 | |
| Listed | |||
| | |||
|
Idyllic LOCATION near downtown Sarasota shops, restaurants, and waterfront! Next to Bobby Jones (Public) Golf Course! Welcome to your FURNISHED, 55+, villa home in Glen Oaks Ridge! Convenient to everything, yet tucked into a tranquil community. This delightful, MAINTENANCE FREE, END UNIT has a sunny disposition- it is private and full of charm! Features include plenty of natural light and storage space, 2 generously sized bedrooms and 2 bathrooms. The owners bedroom has an ensuite bathroom with walk in shower and walk in closet. Hard flooring throughout- luxury vinyl in main areas and tile in bathrooms. The tiled sun room can be used as you wish- for dining, office, extra living space. Fees include cable, water, sewer, trash, reserves fund, grounds and pool maintenance- making for easy living! Air conditioned laundry/ storage room. The shaded patio and carport ensure comfort and convenience. A short drive to nearby SRQ Airport makes it simple to travel or welcome family and friends. Sarasota's known for it's top rated beaches and vibrant arts scene- take in shows, enjoy festivals,farmers markets and year round outdoor activities! Don't miss this one, schedule your showing before it's gone!
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| Jul 2, 2020 | Sold | ||
| Sold | |||
| Nov 13, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/16/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$210,000
2 Bed
2 Bath
1040 ft²
|
$198,000
-5.71%
08/26/2025
|
Rachelle Tirey
KELLER WILLIAMS REALTY SELECT
| |
|
09/16/2019
|
2 Bed
|
2 Bath
|
1040 ft²
|
$155,000
2 Bed
2 Bath
1040 ft²
|
$165,000
+6.45%
07/02/2020
|
Steve Abbe
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017