1023 Hope STREET
About This Property
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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 |
|---|---|---|---|
| Mar 12, 2025 | In contract | - | |
| In contract | |||
| Mar 2, 2025 | Price Decreased |
$324,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Feb 7, 2025 | Listed | $329,000 | |
| Listed | |||
| | |||
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Under contract-accepting backup offers. This is the one you’ve been waiting for! A fully remodeled and move-in ready 3-bedroom, 2-bathroom gem, perfectly situated in the heart of Venice. Just imagine, less than 2 miles from charming downtown Venice with its shops, dining, and events. And if that's not enough, you're less than 3 miles from stunning Gulf Coast beaches. The location is simply unbeatable! Step inside and be wowed by the fantastic updates; a brand new kitchen featuring shaker style cabinets, stainless steel appliances, luxurious quartz countertops, and a convenient kitchen island. The open layout offers a spacious feel that's perfect for entertaining guests. The fresh look continues throughout with all-new vinyl plank flooring and updated baseboards. The primary bedroom is a private retreat, complete with double closets and en-suite bathroom. The convenient split floorplan ensures everyone has their own space. Brand new sliding glass doors lead to your large screened lanai, an ideal spot for outdoor patio furnishings and relaxation. With most windows newly upgraded to double pane glass, your home will stay cool and comfortable even on those hot Florida days. Need more? How about a convenient 1-car attached garage with a brand new hurricane-rated garage door and opener? This garage is not just for parking; it features additional storage and washer/dryer hookups. The brand new electrical breaker box with surge protection offers peace of mind, and the newer roof installed in September 2022 ensures durability. Step into the backyard; a great space perfect for pets and privacy, thanks to a brand new installed privacy fence. This wonderful community boasts NO HOA fees or deed restrictions, giving you the freedom to truly make this home your own. Don’t let this opportunity slip away. Make this wonderful, move-in ready home yours today and start living the Venice dream!
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| Aug 30, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017