Zip Code
6648 Old Ranch Rd, Sarasota, FL 34241
3 beds · 2 baths · 2,472 sq ft · Lot: 236,095 sq ft · Single Family Home · Last Sold: $860K in 2023 · Built: 1984
Est. Value:
$692K
Est. Rent:
$4.3K/month

6648 Old Ranch Rd Sarasota, FL 34241

3 beds · 2 baths · 2,472 sq ft · Lot Size: 236,095 sq ft · Single Family Home
Est. Property Value: $692,446

Valued above Market MedianLarge Lot AdvantageOwned for Less Than 5 YearsEquity Status

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

6648 Old Ranch Rd is in the 34241 neighborhood of Sarasota, FL. It is located in Sarasota County and ZIP code 34241. This Single Family Home was built in 1984 and is approximately 41 years old. The single family home spans 2472 sq ft with 3 bedrooms and 2 bathrooms and sits on a 236095 sq ft lot. According to public records, it was last sold in 2023 for $860,000. Analyze and compare real estate investment strategies for properties like this home at 6648 Old Ranch Rd Sarasota, FL 34241 with Property Intel by Whitepages.

Investment Potential for 6648 Old Ranch Rd

The property has a current estimated value of $692,446, which is 60% above the zip median, based on public records. It last sold on June 29, 2023 for $860K. Projected long-term
is $51,000 annually ($4,250 per month) with a 87% occupancy rate.

Discover more Single Family Homes in 34241.
See Recommended Properties

Long-Term

Gross Rental
$51,000 per year($4,250 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
87%in 34241 zip code
 
View Rental Potential

Owners & Occupancy for 6648 Old Ranch Rd

No contact information is available.

Occupancy

Resident 1****************** age 63
Resident 2***************** age 41
Resident 3**************** age 41
Resident 4******************** age 65

Property Details for 6648 Old Ranch Rd

Property Details

Property Sq Ft

Living Area

2,472 sq ft

30% above market

Lot Size

236,095 sq ft

2152% above market

Price Per Sq Ft

Living Area

$280 / sq ft

15% above market

Lot Size Area

$3 / sq ft

93% below market

Property condition, age, exterior, etc. for 6648 Old R…
Longitude: -82.316605 Latitude: 27.258446 Parcel Number (APN): 0608-02-2430…
Mortgage originated on through lender: Movement Mtg Llc for$******View Mortgage Details
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Recommended Properties in 34241

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    7224 N Serenoa Dr, Sarasota, FL 34241

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    5041 Rocking Horse Ln, Sarasota, FL 34241

    3 beds · 2 baths · 2,404 sq ft · Last Sold: $205,000 in 2002 · Built: 1978

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    Est. Value

    10234 Morning Mist Ln, Sarasota, FL 34241

    3 beds · 3 baths · 2,286 sq ft · Last Sold: $745,300 in 2022 · Built: 2022

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    Est. Value

    7106 Tamworth Pkwy, Sarasota, FL 34241

    3 beds · 3 baths · 3,010 sq ft · Last Sold: $714,600 in 2019 · Built: 2019

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    Est. Value

    4676 Oak Hollow Dr # 23, Sarasota, FL 34241

    3 beds · 2 baths · 2,124 sq ft · Last Sold: $200,000 in 2009 · Built: 1980

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    Est. Value

    6210 Canary St, Sarasota, FL 34241

    3 beds · 3 baths · 3,173 sq ft · Built: 2001

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    Est. Value

    5948 Myakka Valley Trl, Sarasota, FL 34241

    3 beds · 2 baths · 2,301 sq ft · Last Sold: $685,000 in 2024 · Built: 1978

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    Est. Value

    6846 Areca Blvd, Sarasota, FL 34241

    3 beds · 3 baths · 2,529 sq ft · Last Sold: $438,000 in 2003 · Built: 1999

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    Est. Value

    6212 Singletree Trl, Sarasota, FL 34241

    3 beds · 2 baths · 2,370 sq ft · Built: 1986

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    Est. Value

    5737 Churchill Downs Rd, Sarasota, FL 34241

    3 beds · 4 baths · 5,272 sq ft · Last Sold: $625,000 in 2018 · Built: 2022

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    Est. Value

    6115 Goldfinch St, Sarasota, FL 34241

    3 beds · 2 baths · 1,782 sq ft · Last Sold: $220,000 in 2008 · Built: 1978

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    Est. Value

    7352 Hawkins Rd, Sarasota, FL 34241

    3 beds · 4 baths · 3,411 sq ft · Last Sold: $2,400,000 in 2024 · Built: 1995

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    Est. Value

    7996 Megan Hammock Way, Sarasota, FL 34240

    3 beds · 3 baths · 2,527 sq ft · Last Sold: $485,000 in 2017 · Built: 2005

Market Benchmarks

Compare data for 6648 Old Ranch Rd in Sarasota County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$692,446
$354,591
$337,855 (95%)
$*******
$485,305
$585,335 (121%)
YoY Price Change
****%
1.8%
-189%
Year Built
1984
1990
-6 years
Living Space
2,472 sq ft
1,628 sq ft
844 (52%)
$ Per Living Sq Ft
$280
$218
$62 (29%)
Lot Size
236,095 sq ft
9,610 sq ft
226485 (2357%)
$ Per Lot Sq Ft
$3
$40
-$37 (-93%)

Net Operating Income
$*****
$20,263
$15,977 (79%)
Annual Revenue
$51,000
$29,400
$21,600 (73%)
$*****
$9,176
$5,584 (61%)
Net Operating Income
$*****
$20,263
$15,977 (79%)
Cap Rate
****%
5.87%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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