7408 OAK RUN LANE
About This Property
The spacious primary suite is your private retreat, offering a large walk-in closet, a cozy en suite bathroom, and sliding doors that lead directly to the pool area. All three bathrooms have been fully renovated with modern finishes, ensuring both style and functionality. Split floor plan with three additional bedrooms offers plenty of space for everyone in the family! Outside, the screened-in pool area beckons as the centerpiece of your backyard oasis. Cool off in the sparkling water, host poolside gatherings, or unwind on the freshly painted patio. Updated pool equipment, a re-screened enclosure, and an outdoor shower make this space as practical as it is beautiful. Conveniently located near UTC, this home puts you just minutes from world-class shopping, dining, and entertainment. Downtown Sarasota is a short drive away, offering access to the city's cultural and nightlife scene. With quick interstate access, traveling is seamless, and the nearby airport makes getaways easy. Best of all, you're only 30 minutes from the stunning Siesta Key Beach, renowned for its powder-soft sand and crystal-clear waters. This move-in-ready home has been meticulously updated with a new roof (2023), two AC units (2024 & 2017), tankless water heaters (2023 & 2022), and septic tank (2024). Parking permitted for RV and/or boat on side/rear of lot. Whether you're looking for a family home, a space to entertain, or a personal retreat, this property offers it all. Don't miss the opportunity to own this one-of-a-kind Sarasota home. Schedule your private showing today and experience Florida living at its finest!
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Price Decreased |
$775,000
↓ $35K
(4.3%) | |
| Price Decreased | |||
| Apr 18, 2025 | Price Decreased |
$810,000
↓ $65K
(7.4%) | |
| Price Decreased | |||
| Jan 23, 2025 | Listed by DUNCAN REAL ESTATE, INC. | $875,000 | |
| Listed by DUNCAN REAL ESTATE, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017