5707 Title Row
About This Property
This home offers an open floor plan with huge great room, kitchen and dining area perfect for family or for entertaining. Upgraded large ceramic floor tiles cover this area and the gourmet kitchen offers GE stainless steel appliances including cooktop, built in microwave and oven and glass backsplash tiles. The espresso wood cabinetry is topped with granite countertops. This area is upgraded with crown molding and crisp white trim and baseboards.
Bright den/office is situated at the front of the home and can be closed off with glass French doors. Guest half bath and laundry is conveniently located on the first floor along with large hall closet. Under stairs storage area is perfect for storing sports or beach equipment. The primary bedroom suite on the first floor has tray ceiling and crown molding and a luxurious ensuite bath with garden tub and large walk-in shower with frameless glass enclosure and dual sinks The walk-in closet holds plenty of space for your belongings.
The second floor offers split bedrooms for privacy and a large bathroom with tub to unwind. On this floor, a large bonus room with wood flooring offers another space for studying or relaxing.
Enjoy the outdoors without having to leave home: Relax in the shade on the covered lanai area with hook up for a natural gas grill or enjoy the sunny outdoors in the heated inground pool with sunshelf and copper scupper fountains. The enlarged paved patio area features plenty of space for outdoor entertaining with a raised dining area and multiple areas to entertain and a large fire pit accent wall.
Legends Bay is a gated community located along Sarasota Bay and just minutes from world class IMG Academies and Golf Course and a short six mile drive to Florida's white sand beaches of Anna Maria, Holmes Beach and Bradenton Beach. Sarasota International Airport is a ten minute drive away. This area offers quick access to local restaurants and fine dining, cultural events and world class entertainment venues and shopping. Legends Bay offers residents contracted lawn care, clubhouse with pool, cable and internet and an observation boardwalk to view the Bay.
This home has had one owner and has not been a rental.
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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 8, 2024 | Sold | ||
| Sold | |||
| Feb 17, 2024 | In contract | - | |
| In contract | |||
| Feb 1, 2024 | Price Decreased |
$1,050,058
↓ $118K
(10.1%) | |
| Price Decreased | |||
| Dec 6, 2023 | Price Decreased |
$1,168,000
↓ $20K
(1.7%) | |
| Price Decreased | |||
| Nov 15, 2023 | Relisted | $1,188,000 | |
| Relisted | |||
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About Legends Bay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017