7320 Oak Run LANE
About This Property
and creating lasting memories with loved ones. The well-appointed kitchen and dining area are ideal for cooking and entertaining with family or friends, while the office/den and bonus room provide space for work, play, or relaxation.
The master suite is a serene retreat, complete with a private en-suite bathroom and a private deck perfect for unwinding after a long day. With a total area of 1,988 square feet, this property offers plenty of room for comfortable living.
Situated on a generous 1-acre lot, the property features lush landscaping and mature trees, creating a serene and inviting atmosphere. The backyard is perfect for outdoor activities and entertaining, with plenty of room for a pool and endless possibilities for outdoor dining, gardening, or simply relaxing in the sun.
Recent updates include a newer roof (2019) and HVAC unit (2023), providing peace of mind for years to come. Additionally, the property features boat/RV parking, a laundry room and ample storage space.
This home is conveniently situated near top-rated schools, the airport, parks, shopping, dining, and entertainment options. Enjoy easy access to the stunning beaches of the Gulf Coast, as well as cultural attractions, recreational opportunities, and all that Sarasota has to offer.
Don't miss out on this amazing opportunity! Contact us today to schedule a viewing and make this house your dream home.
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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 |
|---|---|---|---|
| Dec 19, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
| Sep 24, 2024 | Price Decreased |
$599,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Sep 4, 2024 | Price Decreased |
$629,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Aug 23, 2024 | Price Decreased |
$639,000
↓ $20K
(3%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017