5576 SILVERSIDE PINE COURT
About This Property
Structural upgrades include an EXTENDED 4-FOOT GARAGE WITH A/C, ceiling storage racks, upgraded SEPARATE laundry room with SINK + CABINETRY, and a FIRST-FLOOR 5TH BEDROOM. FIRST-FLOOR PRIMARY SUITE with an upgraded shower. Owner-installed upgrades include CUSTOM OFFICE BUILT-INS, a living room media center, and HUNTER DOUGLAS MOTORIZED SHADES on the main level.
Sapphire Point amenities include a CLUBHOUSE, FITNESS CENTER, PLAYGROUND, DOG PARK, BASKETBALL COURT, AND COMMUNITY POOL. Convenient to Main Street at Lakewood Ranch, University Town Center, Premier Sports Campus, and I-75. ZONED FOR THE NEW LAKE MANATEE K-8 SCHOOL 26-27 school year
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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 |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Jan 19, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by PREFERRED SHORE LLC | $799,000 | |
| Listed by PREFERRED SHORE LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017