$2,250,000
●
House -
Off Market
700 Old Compass ROAD
LONGBOAT KEY, FL 34228
4 Beds
3 Baths
2,982 Ft²
$2,317,831
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model
About This Property
Enjoy this beautiful 4 bedroom, 3 full bath home. Open floor plan
with split bedroom design, separate dining room for entertaining
guests, plus large living room for your family gatherings. Oversize
two and a half car garage including work bench. Wonderful
indoor-outdoor living with a 20x40 caged heated swimming pool.
Ideal home for all the boat lovers, deep water, sea walled and two
private boat docks. Easy access to the Intracoastal Waterway,
Sarasota Bay and the Gulf of Mexico. Watch the Dolphins, Manatees
and beautiful Herons play in your outdoor space while enjoying
beautiful water views. The 20 foot Deeded beach access is located
across the Street. Conveniently located with a short ride to St.
Armands circle or Anna Maria Island. This home has Quality
thru-out! Grab your piece of Paradise today! You will not be
disappointed!
Unit Size
2,982 Ft²
Days on Market
105 days
Land Size
0.36 acres
Price per sqft
$771
Property Type
House
Property Taxes
$950
HOA Dues
$42
Year Built
1960
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Stellar MLS #A4558666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by DEVELOPERS REALTY INC | $2,300,000 | |
| Listed by DEVELOPERS REALTY INC | |||
| | |||
|
For the boater, this home has a deep water dock and is just minutes to the inter coastal. The finishes include wood floors, gorgeous granite counters and beautiful wood cabinets. The home includes a surround sound system in the great room plus speakers throughout the home and outside. Electric screens in the outside sitting area enhance the enjoyment for outdoor living. The master bedroom includes a spacious bathroom with high tech shower and tub. There are 2 guest bedroom suites. The modern kitchen has top of the line appliances with a spacious eating area that adjoins the family room. The pool/patio area off the family room features an outdoor grill area. The dock includes snook lighting and a floating platform for easy access for kayaking. The deeded beach access is directly across from Emerald Harbour.
| |||
| Jan 27, 2023 | Listed by MICHAEL SAUNDERS & COMPANY | $2,300,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
| Aug 9, 2001 | Sold | ||
| Sold | |||
| Jun 23, 1997 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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HOA + Taxes
About Longboat Key
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Listed by: Michael Nink, PA
MICHAEL SAUNDERS & COMPANY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4558666
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
MICHAEL SAUNDERS & COMPANY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# A4558666
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017