1102 36th AVENUE W
About This Property
Inside, you'll find new drywall, replacing the original paneling, along with reinforced flooring for added stability. The kitchen shines with new cabinets, countertops, and flooring, plus all brand-new appliances. The bathroom has also been tastefully updated with a new tub, vanity, toilet, and flooring. Custom blinds adorn the windows, and new fixtures bring a fresh touch to every room.
The enclosed Florida room, complete with a new wall AC unit, adds versatile living space, while the utility room houses a convenient washer and dryer. Step outside to find new exterior paint, custom shutters, and an extended carport with room for additional parking. The backyard is fully enclosed with a new roller gate for private access, and there's a dedicated storage area for garbage, equipment, and the AC unit.
This home offers the potential to convert the back portion into a third bedroom and additional bathroom, providing even more value!
Located near dining, downtown Bradenton, the scenic Bradenton Riverwalk, and LECOM Park, this home is perfectly situated for commuters, with easy access to US HWY 301 and US HWY 41. Don't miss your chance to own this adorable and move-in-ready 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.
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About South Bradenton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017