3973 Waypoint AVENUE
About This Property
Nestled within the gated enclave of Bayside, limited to just 49 homes, this hidden gem on Little Sarasota Bay represents Florida living at its finest. The community harmoniously blends active outdoor amenities with tranquil relaxation spots. From kayaking and paddleboarding to evenings by the fire pit or strolling along the waterfront boardwalk, Bayside offers a lifestyle that caters to all your desires.
Positioned on a premium lot, this 2018 Taylor Morrison home overlooks a lush preserve, inviting nature's serene beauty right to your doorstep. The custom heated pool and spa, complemented by a spacious travertine decked screened lanai, become your haven for relaxation or entertaining. The outdoor kitchen only adds to the allure, promising delightful alfresco dining experiences.
Inside, the home unfolds as a testament to modern luxury. Three bedrooms, three bathrooms, and a versatile den space offer ample room for comfort and creativity. The chef-inspired gourmet kitchen, featuring a gas range, an oversized island, granite countertops, and premium stainless appliances, is a culinary dream. Unique to this home is the extended garage, providing tandem parking or extra space for your hobbies and passions.
Conveniently located near the Legacy Trail, Marie Selby Botanical Gardens, and various pristine beaches, the home is a gateway to the best of Florida. Dining opportunities and cultural experiences are just a short drive away, adding to the allure of this exquisite property.
Experience the blend of sophistication and natural charm at 3973 Waypoint. This unique opportunity awaits you.
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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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Jan 19, 2024 | Price Decreased |
$1,100,000
↓ $99K
(8.3%) | |
| Price Decreased | |||
| Jan 2, 2024 | Price Decreased |
$1,199,000
↓ $51K
(4.1%) | |
| Price Decreased | |||
| Nov 17, 2023 | Listed by DAVE JONES REALTY, LLC | $1,250,000 | |
| Listed by DAVE JONES REALTY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017