4553 Hamlets Grove DRIVE
About This Property
With a low HOA and no CDD, this home offers both comfort and value. Located in the heart of Sarasota, you're just minutes from top dining, shopping, and the area's stunning beaches, making this home the perfect blend of tranquility and convenience.
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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 |
|---|---|---|---|
| Nov 22, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Relisted | $495,000 | |
| Relisted | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 16, 2024 | Listed by KW SUNCOAST | $495,000 | |
| Listed by KW SUNCOAST | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017