7908 Meadow Rush Loop Sarasota, FL 34238

3 beds · 2 baths · 2,279 sq ft · Lot Size: 9,480 sq ft · Single Family Home
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7908 Meadow Rush Loop is in the 34238 neighborhood of Sarasota, FL. It is located in Sarasota County and ZIP code 34238. This Single Family Home was built in 1998 and is approximately 27 years old. The single family home spans 2279 sq ft with 3 bedrooms and 2 bathrooms and sits on a 9480 sq ft lot. According to public records, it was last sold in 1997 for $65,000. Analyze and compare real estate investment strategies for properties like this home at 7908 Meadow Rush Loop Sarasota, FL 34238 with Property Intel by Whitepages.

Investment Potential for 7908 Meadow Rush Loop

The property has a current estimated value of $558,456, which is 3% above the zip median, based on public records. It last sold on August 13, 1997 for $65K. Projected long-term
is $51,600 annually ($4,300 per month) with a 78% occupancy rate.

Long-Term

Gross Rental
$51,600 per year($4,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
78%in 34238 zip code
 
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Owners & Occupancy for 7908 Meadow Rush Loop

This property is owned by Cameron W Peters. Owner contact information includes 5 phone numbers and 4 email addresses.

Property Owners

OccupationPhoto Editor, National Geographic
Cell Phone(904) ***-****
Residence************
Landline(941) 927-7632+ 3 more
Distance from Property**********
Email Address*********@gmail.com
Residence************
Landline(941) 927-7632+ 3 more
Distance from Property**********
Email Address*********@gmail.com

Property Ownership Information

Purchase DateAugust 13, 1997
Property Tax Amount$7,268 in 2023
Purchase Price$65,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1************* age 89
Resident 2**************** age 90

Property Details for 7908 Meadow Rush Loop

Property Details

Property Sq Ft

Living Area

2,279 sq ft

Compare to 34238

Lot Size

9,480 sq ft

Compare to 34238

Price Per Sq Ft

Living Area

$245 / sq ft

Compare to 34238

Lot Size Area

$59 / sq ft

Compare to 34238
Property condition, age, exterior, etc. for 7908 Meado…
Longitude: -82.465436 Latitude: 27.236752 Parcel Number (APN): 0121-08-0064…
Mortgage originated on through lender: First Chicago Nbd Mtg Co for$******View Mortgage Details
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Recommended Properties in 34238

Discover more single family homes near 7908 Meadow Rush Loop in Sarasota, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 7908 Meadow Rush Loop in Sarasota County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$558,456
$354,591
$203,864 (57%)
$485,305
$159,074 (33%)
YoY Price Change
1.8%
-394%
Year Built
1998
1990
8 years
Living Space
2,279 sq ft
1,628 sq ft
651 (40%)
$ Per Living Sq Ft
$245
$218
$27 (13%)
Lot Size
9,480 sq ft
9,610 sq ft
-130 (-1%)
$ Per Lot Sq Ft
$59
$40
$19 (47%)

Net Operating Income
$20,263
$13,093 (65%)
Annual Revenue
$51,600
$29,400
$22,200 (76%)
$9,176
$9,068 (99%)
Net Operating Income
$20,263
$13,093 (65%)
Cap Rate
5.87%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians