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Desoto Lakes 34235 Hamlets Grove
4874 Hamlets Grove DRIVE
$420,000
● House - Off Market

4874 Hamlets Grove DRIVE

SARASOTA, FL 34235
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,581 Ft²
$2,367
Est. Monthly
$83
HOA / Fees
5.36%
Cap Rate

About This Property

A great value pool home at the Grove at Beekman Place. This 2 bedroom, 2 bath home comes with a study/den that can be used as a 3rd bedroom, 2nd bedroom has a cusom built-in Murphy bed. The kitchen is large with plenty of counter and cabinet space. Next to the kitchen is the formal dining area and great room with access to the pool and lanai area. The master bedroom has direct doors to the lanai area and a large walk-in closet. The roof and the AC have been replaced in 2019. More great features to the house include a heated pool, accordion hurricance shutters and a tankless water heater. House is centrally located to the airport, restaurants, arts and entertainment, medical facilities, downtown and the lovely beaches.
Unit Size
1,581 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$271
Property Type
House
Property Taxes
$177
HOA Dues
$83
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Stellar MLS #A4597655)

Price History

Date / Event Date Event Price
Mar 5, 2024 Sold
Premium
Sold
Feb 2, 2024 In contract -
In contract
Jan 30, 2024 Listed by COLDWELL BANKER REALTY $429,000
Listed by COLDWELL BANKER REALTY
Jan 27, 1994 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 5
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 8
  • Location Influence Type: 125

    Dimensions

  • Lot Size Square Feet: 7,853
  • Lot Size Frontage Feet: 10
  • Total Building Area: 2,101
  • Gross Building Area: 2,125
  • Building Area: 1,581
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,581
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HAMLETS GROVE
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LOT 49 THE GROVE AT BEEKMAN PLACE

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: A055 F052 G054
  • Census Tract: 001206

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 25-9
  • Account Number: 0029010031
  • Subdivision Tract Number: 2307
  • Parcel: 0029-01-0031
  • Lot: 49
  • Meridian: SEC 09 TWN 36S RNG 18E
  • Municipality: SARASOTA COUNTY
  • Latitude: 27.3739
  • Longitude: -82.5003

    Address

  • Full Address: 4874 Hamlets Grove Dr
  • Address - House Number: 4874
  • Address - Street Name: Hamlets Grove
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C088
  • 4-Digit Zip Code: 2271
  • Zip Code: 34235

Valuation

    Tax

  • Total Area: 2,512
  • Tax Year: 2023
  • Tax Amount: $212,280
  • Tax Rate Code Area: 0100

    Appraisal Valuation

  • Standard Deviation: 0.1754
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 93
  • Final Value: 419,390
  • High Value: 453,967
  • Low Value: 384,813

    Market Valuation

  • Market Total Value: $365,000
  • Market Land Value: $86,100
  • Market Improvement Value: $278,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,572

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2024
  • Current Sale Recording Date: Mar 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30055
  • Previous Sale Recording Date: Jan 27, 1994
  • Previous Sale Contract Date: Jan 17, 1994
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hamlets Grove

Stats & Trends

Median Asking:

$479,900

Sale Price/ft²

$264

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1926 ft²

Average Home Age

34 years

Currently For Sale

2 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2738 Ingot Place, SARASOTA, FL, 34235

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,210 ft²
2738 Ingot Place, SARASOTA, FL, 34235 Listing by Angela Bailey
Unit for rent at 3756 82nd Avenue Circle E, FL, 34243

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,661 ft²
3756 82nd Avenue Circle E #101, FL, 34243 Listing by Patrice Ivan
Unit for rent at 3770 82nd Avenue Circle E, SARASOTA, FL, 34243

$2,050 /mo

  • 3 Beds
  • 2 Baths
  • 1,661 ft²
3770 82nd Avenue Circle E #103, SARASOTA, FL, 34243 Listing by Alexis Gunn

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: David Short
COLDWELL BANKER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4597655
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 4874 Hamlets Grove Drive built and last sold?
The property at 4874 Hamlets Grove Drive was built in 1987 and last sold on Mar 5, 2024 for $420,000.
How much is this home worth?
The estimated value of the home located at 4874 Hamlets Grove Drive is $433,161.
What are some comparable homes to 4874 Hamlets Grove Drive?
There are currently no comparable homes to 4874 Hamlets Grove Drive.
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