6723 WASHINGTON PLACE
About This Property
Outside, enjoy a large fenced yard perfect for entertaining, pets, or gardening, complete with a storage shed. Major updates include a roof replacement in 2022 and the home being professionally tented for termites in 2022, offering peace of mind for the next owner.
Residents of Bayshore Gardens enjoy access to the Bayshore Gardens Park and Recreation District, a special taxing district established by the State of Florida. Amenities include a recreation hall with dance floor, screened porch, picnic grounds overlooking Sarasota Bay, a 97-slip marina with boat launch and fishing pier, kayak and canoe storage, playground, Jr. Olympic-size pool, workshop, basketball and pickleball courts, and a ballfield. You can fish, kayak or boat from nearly your back yard!
12 miles to Anna Maria Island, less then 5 miles to Sarasota / Bradenton Airport, and 3 miles to IMG academy.
Classic mid-century charm, thoughtful updates, and an exceptional community lifestyle make this home a standout opportunity as a primary residence, rental or vacation rental property.
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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 |
|---|---|---|---|
| Apr 16, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Feb 21, 2026 | Price Decreased |
$315,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
| Feb 16, 2026 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by FINE PROPERTIES | $325,000 | |
| Listed by FINE PROPERTIES | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017