6935 CUMBERLAND TERRACE
About This Property
Experience the epitome of luxury living in this breathtaking .7-acre estate in Henley, a gated, maintenance-free community with cable included. This exquisitely crafted residence is designed for the most discerning tastes.
The gourmet kitchen is a chef's dream, featuring a new top-of-the-line appliance package, including an eight-burner Wolf natural gas range, Sub-Zero refrigerator, Bosch dishwasher, Sharp drawer microwave, and stainless apron farm sink, all set in custom cabinetry with a generous island perfect for entertaining. The formal dining room exudes elegance, while the cozy living room boasts a see-through fireplace.
The entertainment room is unparalleled, complete with a bar, dishwasher, ice maker, wine cooler, refrigerator, and keg beer system. The office is ideal for the work-from-home professional. The master suite features a spacious bedroom, sitting area, spa-like bathroom, and walk-in closet.
Enjoy views of the outdoor area with mature, updated landscaping and ample seating for poolside dining from any room in the home. This luxurious property blends the benefits of new construction with the charm of an established neighborhood. Additional features include a Sonos sound system throughout, new roof, two HVAC systems, updated pool equipment, granite countertops, Wi-Fi system, water filter, and more.
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.
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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 16, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | In contract | - | |
| In contract | |||
| Jul 9, 2024 | Listed by KW SUNCOAST | $1,295,000 | |
| Listed by KW SUNCOAST | |||
| Jan 27, 2023 | No longer available | - | |
| No longer available | |||
| Jan 5, 2023 | Price Decreased |
$1,499,000
↓ $151K
(9.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017