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1036 HOPE STREET
About This Property
Peace of mind is built in: NOT in a flood zone, roof (2012), AC (2021) and double-pane windows (2007) HW (2001). Add in new public water and public sewer (2020), plus NO HOA and NO CDD fees, and you've got a wonderful combination of convenience, and freedom from restrictions.
The spacious mostly fenced in backyard offers plenty of room to add a pool, making this lot as functional as it is beautiful. Just a little more fencing will make it completely fenced in for pets. This is a great home for an investor, retired couples, or families on a budget who love the beaches, parks and all the wonderful Venice activities.
Check out the location - Under 3 miles to quaint downtown Venice with its delightful shops and restaurants and Venice Beach. Less than 5 miles to Nokomis Beach and less than 4 miles from the new Sarasota Memorial Hospital – Venice campus. The wonderful Legacy Trail is only about a mile away and not too far from I-75 and the Braves Stadium at Wellen Park!
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | Price Decreased |
$299,500
↓ $20K
(6.1%) | |
| Price Decreased | |||
| Sep 21, 2026 | Listed by WHITE SANDS REALTY GROUP FL | $319,000 | |
| Listed by WHITE SANDS REALTY GROUP FL | |||
| Jun 26, 2025 | Price Decreased |
$309,900
↓ $9K
(2.8%) | |
| Price Decreased | |||
| May 14, 2025 | Price Decreased |
$318,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Mar 8, 2025 | Listed | $329,000 | |
| Listed | |||
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This immaculate 3-bedroom, 2-bath home is nestled in the desirable East Gate Terrace neighborhood, perfectly situated just east of Highway 41 and north of E. Venice Ave. Its prime location offers unbeatable convenience, with shopping, dining, and Venice Beach just a short drive away.
The modern kitchen boasts granite countertops and sleek stainless-steel appliances, ideal for both everyday living and entertaining. Freshly installed tile flooring flows throughout the living areas, complemented by durable laminate in all three bedrooms—no carpet anywhere! The spacious living room features a slider that opens to a charming side patio, perfect for relaxing or enjoying a morning coffee.
The master bedroom is a true retreat, complete with an en-suite bathroom featuring a stall shower and a private slider leading to a wooden deck overlooking the expansive backyard. The fully fenced yard, enclosed with new wooden fencing, includes a handy storage shed and plenty of open space for outdoor enjoyment. Energy-efficient double-pane windows have been installed throughout, enhancing comfort and value.
With its thoughtful updates and unbeatable features, this home offers exceptional quality at an incredible price—you won’t find a better deal!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017