462 Leger DRIVE
About This Property
split floor plan home with a large screened pool and spacious lanai. Hurricane impact windows, 2021 AC,
2008 tile roof, upgraded kitchen and baths, solar hot water heater, private well for irrigation and it has been
repiped. Tons of potential. This highly sought after community is conveniently located between Sarasota and
Venice, close to schools, shopping, restaurants, tiki bars, Nokomis Beach, Oscar Scherer State Park, The Legacy
Trail and only 11 miles to the world-famous Siesta Key Beach.
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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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Dec 13, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Listed by MICHAEL SAUNDERS & COMPANY | $477,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017