424 Pheasant WAY
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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 1, 2024 | Sold | ||
| Sold | |||
| Feb 13, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2023 | Listed by GRECO REAL ESTATE | $3,975,000 | |
| Listed by GRECO REAL ESTATE | |||
| May 3, 2023 | Listed by COLDWELL BANKER REALTY | $1,500,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Bird Key, one of Sarasota's most desirable and acclaimed communities. A great opportunity to build your own dream garden home on Bird Key or renovate this spacious almost 2000 square foot home. This ideal split floor plan home includes 3 bedrooms and 3 bathrooms. The home is conveniently located just down the street from the Bird Key Yacht Club which offers tennis, dining and boating. Bird Key is just minutes from St. Armand’s Circle and downtown Sarasota which offer world class shopping, and elegant dining options. The home is being offered as-is. Owner has a contemporary floorplan for a home that can built on this lot and is willing to include in the sale of the property.
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| May 1, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017