680 LONGVIEW DRIVE
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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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Dec 30, 2024 | In contract | - | |
| In contract | |||
| Dec 2, 2024 | Listed by COLDWELL BANKER REALTY | $975,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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Located near the vibrant and historic St. Armands Circle and just a short drive from downtown Sarasota, this waterfront lot at 680 Longview Drive on Longboat Key offers a prime location for those seeking the perfect blend of luxury and convenience. St. Armands Circle is renowned for its upscale shopping, world-class dining, and unique cultural offerings, while downtown Sarasota provides access to arts venues, theaters, and a lively social scene. This property combines the tranquility of Longboat Key's peaceful, private setting with easy access to these dynamic, sought-after Sarasota destinations, ensuring an unparalleled coastal lifestyle.
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| Dec 20, 2019 | Sold | ||
| Sold | |||
| Mar 9, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017