8155 STIRLING FALLS CIRCLE
About This Property
Major improvements have already been completed, including a NEW BARREL-TILE ROOF IN 2026, NEW A/C IN 2025, NEW WATER HEATER IN 2026 and HURRICANE SHUTTERS, providing valuable peace of mind for the next owner.
Step inside to an inviting, open floor plan filled with natural light. Tile flooring extends throughout the main living areas and enclosed lanai, creating a clean, cohesive and easy-care interior. The updated kitchen features generous counter and storage space, a breakfast bar and adjoining breakfast nook surrounded by windows. LakeRidge Falls is a natural gas community, and the kitchen offers gas cooking - a feature many home chefs will appreciate. The kitchen opens naturally to the dining and living areas, making the home comfortable for both everyday living and entertaining.
The spacious primary suite offers plenty of room for a king-size bedroom set and includes an en-suite bath with a dual-sink vanity and walk-in shower. A second bedroom provides comfortable guest accommodations, while the separate den offers flexible space for a home office, hobby room, reading room or additional sitting area.
Sliding doors lead to the enclosed lanai overlooking the pond, extending the living space and providing a relaxing place to enjoy morning coffee, visit with friends or simply take in the tranquil water view.
One of Sarasota's established 55+ communities, LakeRidge Falls encompasses approximately 170 acres, 16 scenic lakes, a preserve area and extensive paved walking paths winding through beautifully maintained grounds. Residents enjoy a recently renovated clubhouse with an expanded gathering space, fitness center and kitchen, along with a separate pool annex featuring billiards, a library, computer stations and Wi-Fi. Outdoor amenities include a heated resort-style pool, spa, bocce courts and lakeside beach, while an active calendar offers opportunities for cards, bingo, yoga and stretching classes, water aerobics, table tennis, bocce and more.
LakeRidge Falls is conveniently located just north of University Parkway near shopping, restaurants, grocery stores, medical services and entertainment, with easy access to Downtown Sarasota, The Ringling, performing arts, botanical gardens and the beautiful Gulf Coast beaches.
With its major recent updates, updated kitchen with gas cooking, light-filled interior, pond view, flexible floor plan and maintenance-free lifestyle, this home offers an excellent opportunity to enjoy everything Sarasota living has to provide.
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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%.
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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.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017