7101 FAIRWAY BEND CIRCLE
About This Property
The redesigned chef's kitchen is a standout feature, showcasing white shaker-style cabinetry, Brazilian granite countertops, stainless steel appliances, under-cabinet lighting, a stylish tile backsplash and a prep island with convenient breakfast bar. The versatile air-conditioned Florida room expands the living space and is highlighted by a wall of sliding glass doors, providing a bright and inviting atmosphere. The spacious primary suite features dual closets, a beautifully updated walk-in shower, and a vanity with stone countertop and modern plumbing fixtures. Two additional guest bedrooms provide ample space for visiting friends and family. Additional features include luxury plank vinyl flooring throughout, recessed lighting, and a unique custom cork accent wall. Peace of mind comes with major updates already completed, including a newer roof (2022), BRAND-NEW HVAC (2025) and water heater (2019). **Seller just moved out and had the home professionally cleaned (June 1st).
Enjoy the convenience of a short golf cart ride to the optional, private Palm Aire Country Club, featuring two 18-hole golf courses, tennis, pickleball, a fitness center, dining, and a variety of social memberships. Ideally located just north of University Parkway in Sarasota, this home offers easy access to shopping, dining, top-rated medical facilities, SRQ Airport and the area's world-renowned Gulf Beaches.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 26, 2026 | Sold | ||
| Sold | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$330,000
↓ $10K
(2.9%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$340,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017