600 SUTTON PLACE #302
About This Property
The manager has listed the unit size as 1132 square feet.
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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 2, 2020 | Sold | ||
| Sold | |||
| Jan 16, 2020 | No longer available | - | |
| No longer available | |||
| Nov 14, 2019 | Listed | $387,000 | |
| Listed | |||
| | |||
|
Check out this attractively remodeled, bay front condo that also has a deeded beach club. Well kept, light and bright, this beautiful condo has a very livable floor plan with beautifully renovated baths, kitchen and flooring. Fine finishes include large porcelain tiles, engineered hardwood plank flooring, quartz and granite counters, a stunning mother-of-pearl mosaic tile backsplash, beadboard tray ceiling in the kitchen, vessel sink vanity, stainless steel appliances and a 2013 A/C. The lanai was also enclosed to enlarge the interior living space creating a perfect indoor/outdoor lifestyle with the Florida sunshine and tropical breezes flowing into the home. This beautifully updated, perfectly situated 2 bed/2 bath condo on Sarasota Bay also has a deeded, private Gulf front Beach pavilion across the street and the beautiful Bay waters just outside your windows. This condo is not age-restricted and is pet friendly (two up to 25#’s). Community features deeded parking, two pools, BBQ grills, social activities, 1st come/1st serve boat slips ($200/yr), kayak racks and launch ($100/yr), fishing dock, bike racks, separate storage unit, clubhouse and more. Sutton Place's mid-key setting makes it ideal for enjoying all the wonderful shops, restaurants and culture of Longboat Key, St. Armands and downtown Sarasota. All room sizes approximate. Call/Text/Email for private showing. Sutton Place is a welcoming community and one of Longboat Key's best kept secrets! The manager has listed the unit size as 1032 square feet.
| |||
| Jul 5, 2019 | No longer available | - | |
| No longer available | |||
| Jun 2, 2019 | Price Decreased |
$385,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/13/2026
|
2 Bed
|
2 Bath
|
1132 ft²
|
$500,000
2 Bed
2 Bath
1132 ft²
|
$439,000
-12.20%
08/31/2026
|
Eileen Gillen, PLL
COLDWELL BANKER REALTY
| |
|
09/13/2024
|
2 Bed
|
2 Bath
|
992 ft²
|
$625,000
2 Bed
2 Bath
992 ft²
|
$600,000
-4.00%
10/21/2024
|
Paulina Vasiliev
KELLER WILLIAMS ON THE WATER S
| |
|
12/28/2023
|
2 Bed
|
2 Bath
|
1132 ft²
|
$675,000
2 Bed
2 Bath
1132 ft²
|
$550,000
-18.52%
07/23/2024
|
Eileen Gillen, PLL
COLDWELL BANKER REALTY
| |
|
12/27/2023
|
2 Bed
|
2 Bath
|
992 ft²
|
$625,000
2 Bed
2 Bath
992 ft²
|
$425,000
-32.00%
05/15/2024
|
JoDene Moneuse
MICHAEL SAUNDERS & COMPANY
| |
|
07/21/2022
|
1 Bed
|
1 Bath
|
836 ft²
|
$562,000
1 Bed
1 Bath
836 ft²
|
$454,322
-19.16%
06/29/2023
|
Marcia Van Ginhoven
REDFIN CORPORATION
| |
|
04/26/2022
|
1 Bed
|
1 Bath
|
696 ft²
|
$449,900
1 Bed
1 Bath
696 ft²
|
$460,000
+2.24%
06/15/2022
|
Beth Davis
REALTY PARTNERS LLC
| |
|
03/27/2021
|
1 Bed
|
1 Bath
|
696 ft²
|
$314,900
1 Bed
1 Bath
696 ft²
|
$323,000
+2.57%
09/13/2021
|
Manda Jordan
CATALIST REALTY LLC
| |
|
11/14/2019
|
2 Bed
|
2 Bath
|
1032 ft²
|
$387,000
2 Bed
2 Bath
1032 ft²
|
-
-
|
-
| |
|
04/25/2019
|
2 Bed
|
2 Bath
|
1132 ft²
|
$395,000
2 Bed
2 Bath
1132 ft²
|
$385,000
-2.53%
03/02/2020
|
Eileen Gillen
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017