459 WINGFIELD DRIVE
About This Property
Living in Payne Park Village places you in one of Sarasota's most vibrant & centrally located neighborhoods, where urban convenience meets expansive green space and is nearby the popular Legacy Trail. Residents enjoy exclusive access to a private community amenity center with a Heated Pool and Spa, while Payne Park itself offers tennis courts, pickleball, disc golf, skate park & a playground. With downtown Sarasota's dining, arts, and cultural destinations moments from your door, this home offers a rare balance of city living, outdoor freedom, and low-maintenance luxury. * One look & you'll fall in love *
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 16, 2026 | Listed by RE/MAX ALLIANCE GROUP | $1,249,000 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
| Jun 8, 2023 | Sold | ||
| Sold | |||
| Apr 6, 2023 | Listed by RE/MAX ALLIANCE GROUP | $975,000 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017