7928 Meadow Rush Loop Sarasota, FL 34238

4 beds · 3 baths · 2,282 sq ft · Lot Size: 9,480 sq ft · Single Family Home
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7928 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 1996 and is approximately 29 years old. The single family home spans 2282 sq ft with 4 bedrooms and 3 bathrooms and sits on a 9480 sq ft lot. According to public records, it was last sold in 2017 for $382,500. Analyze and compare real estate investment strategies for properties like this home at 7928 Meadow Rush Loop Sarasota, FL 34238 with Property Intel by Whitepages.

Investment Potential for 7928 Meadow Rush Loop

The property has a current estimated value of $657,250, which is 0% below the zip median, based on public records. It last sold on June 23, 2017 for $383K. Projected long-term
is $52,200 annually ($4,350 per month) with a 78% occupancy rate.

Long-Term

Gross Rental
$52,200 per year($4,350 per month)
Net Operating Income
Cap Rate
Occupancy Rate
78%in 34238 zip code
 
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Owners & Occupancy for 7928 Meadow Rush Loop

This property is owned by Jason M Sharples. Owner contact information includes 5 phone numbers and 5 email addresses.

Property Owners

Cell Phone(941) ***-****
Residence************
Landline(941) 927-1385+ 2 more
Distance from Property**********
Email Address********@aol.com
OccupationAssociate Vice President, Student Services and Enrollment Management, State College of Florida, State College Of Florida-Manatee-Sarasota
Cell Phone(941) ***-****
Residence************
Landline(941) 927-1385+ 9 more
Distance from Property**********
Email Address*******@scf.edu

Property Ownership Information

Purchase DateJune 23, 2017
Property Tax Amount$3,406 in 2023
Purchase Price$382,500

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 53
Resident 2**************** age 65

Property Details for 7928 Meadow Rush Loop

Property Details

Property Sq Ft

Living Area

2,282 sq ft

Compare to 34238

Lot Size

9,480 sq ft

Compare to 34238

Price Per Sq Ft

Living Area

$288 / sq ft

Compare to 34238

Lot Size Area

$69 / sq ft

Compare to 34238
Property condition, age, exterior, etc. for 7928 Meado…
Longitude: -82.464704 Latitude: 27.235891 Parcel Number (APN): 0121-09-0027…
Mortgage originated on through lender: Suntrust Mtg Inc for$******View Mortgage Details
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Market Benchmarks

Compare data for 7928 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
$657,250
$499,312
$157,938 (32%)
$701,364
$57,009 (8%)
YoY Price Change
1.63%
-413%
Year Built
1996
2001
-5 years
Living Space
2,282 sq ft
2,425 sq ft
-143 (-6%)
$ Per Living Sq Ft
$288
$216
$72 (33%)
Lot Size
9,480 sq ft
10,221 sq ft
-741 (-7%)
$ Per Lot Sq Ft
$69
$55
$14 (26%)

Net Operating Income
$21,413
$15,615 (73%)
Annual Revenue
$52,200
$31,800
$20,400 (64%)
$12,643
$2,529 (20%)
Net Operating Income
$21,413
$15,615 (73%)
Cap Rate
4.63%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians