9
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4185 ROBERTS POINT CIRCLE
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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%.
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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 25, 2026 | Listed by SHORE PROPERTY GROUP | $3,400,000 | |
| Listed by SHORE PROPERTY GROUP | |||
| Jan 5, 2024 | No longer available | - | |
| No longer available | |||
| Nov 14, 2023 | Listed by Michael Saunders & Company | $1,400,000 | |
| Listed by Michael Saunders & Company | |||
| | |||
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Development opportunity with a rare double lot on Siesta Key. Lots 18 & 19 offer a range of opportunities. The existing home, spanning both lots, is just over 1,800 sq ft with 3 bedrooms, 2 bathrooms and a 2 car garage. Clean and nicely cared for, this existing home with an extensive outdoor patio area and pool, could be renovated into a masterpiece. With a lot size of approximately 12,500 sq ft, the existing structure could be removed and a masterpiece built in its place. The lots could also be subdivided for an incredible investment opportunity. Siesta Key is the envy of the gulf coast, attracting everyone from around the world to its beautiful beaches, vibrant island culture and opportunities for adventure. This is an enticing option for a homeowner, investor, builder or seasonal resident.
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| Aug 4, 2022 | Sold | ||
| Sold | |||
| Oct 15, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017