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5470 SILVERSIDE PINE COURT
About This Property
Sapphire Point is a desirable gated single-family home community located in the highly regarded master-planned Lakewood Ranch area. Close to premier shopping, dining, recreation, and top-rated schools. Set among scenic lakes and preserved green space, Sapphire Point features resort-style amenities. Residents enjoy a clubhouse with community room and catering kitchen, state-of-the-art fitness center, resort-style pool and spa, basketball court, playground, dog park, fire pit and walking trails – all centered around opportunities for relaxation and social connection. Minutes from Interstate-75, University Town Center, Lakewood Ranch Main Street and Waterside Place. Close to airports, beaches and downtown Sarasota. This luxury home is the lowest square foot price surrounding Lakewood Ranch.
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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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Price Decreased |
$1,389,000
↓ $150K
(9.8%) | |
| Price Decreased | |||
| Jan 20, 2026 | Listed by BERKSHIRE HATHAWAY HOMESERVICE | $1,539,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICE | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017