6915 CHANCERY PLACE
About This Property
This exquisite four-bedroom home is majestically situated on the first green of the prestigious University Park Country Club golf course. Each evening is transformed by breathtaking sunsets, with mature trees and a protected preserve creating a stunning backdrop for the home's
seamless blend of indoor and outdoor living. Poolside entertaining becomes an art form with an elevated spa, a sundeck adorned with sheer waterfalls, and a charming outdoor dining area perfect for joyful gatherings with friends and family. The spacious living room welcomes you with a wet bar, marble-fronted gas fireplace, accent lighting, and 12-foot ceilings. The bright, open kitchen seamlessly flows into the family room and dining area, featuring handsome aquarium windows overlooking the tropical surroundings. A large study with built-ins offers separate access to the veranda and could be converted into a fifth bedroom. The spacious and secluded primary suite includes a charming sitting area with large windows overlooking the private pool. The University Park is nestled within its mature landscapes and expansive natural splendor, as the premier master-planned community in the Sarasota area. Beyond its secure and staffed entrance lies an award-winning, resident-owned enclave, boasting an array of remarkable amenities. Among these are 27 holes of four-star rated golf, eleven illuminated Har-Tru tennis courts, a state-of-the-art fitness center, croquet facilities, and an extensive network of tree-lined avenues, perfect for leisurely strolls or invigorating bike rides. University Park is conveniently located just a short drive from the University Town Center, known for its upscale shopping and dining choices. It's also just a few minutes away from downtown Sarasota and the stunning white sandy beaches. The SRQ airport is just a short drive away.
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Feb 11, 2025 | In contract | - | |
| In contract | |||
| Dec 7, 2024 | No longer available | - | |
| No longer available | |||
| Oct 3, 2024 | Relisted | $1,400,000 | |
| Relisted | |||
| Aug 21, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017