5782 SANDY POINTE DRIVE
About This Property
This home is loaded with upgrades, including elegant laminate wood-look and tile flooring throughout, ensuring both style and durability. With a roof replaced in November 2019 and a brand-new HVAC system installed in 2022, peace of mind is at your fingertips. The resurfaced pool, deck, and new heater (2023) create the perfect setting for summer fun and gatherings with family and friends.
Natural light floods every room thanks to hurricane impact resistant, energy-efficient triple-pane windows, enhancing the inviting atmosphere. The spacious master suite is a true retreat, featuring a walk-in closet and a luxurious master bath equipped with double sinks, a separate tub and shower, and a private water closet. Step outside from your master bedroom onto the lanai, perfect for enjoying the indoor/outdoor lifestyle that Florida offers.
The beautifully maintained yard is easily cared for with a private well for irrigation, ensuring your outdoor space remains lush year-round. Located within the esteemed school district of Ashton Elementary, Sarasota Middle, and Riverview High, this home is ideal for families seeking top rated education.
Conveniently situated close to shopping, the Legacy Trail, parks, and more, this home offers the perfect blend of tranquility and accessibility.
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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 |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| May 12, 2025 | Listed by MICHAEL SAUNDERS & COMPANY | $650,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Nov 23, 2022 | Sold | ||
| Sold | |||
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About Grove Pointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017