1342 Featherbed LANE
About This Property
One will also appreciate the separate laundry room, great for convenience and organization. The home has multiple new updates including: painted interior and exterior (2023), roof (2022), dishwasher (2022), disposal (2022), washer (2022), dryer (2022), and water heater (2023). And to top it off, the home has hurricane impact windows and located on quiet dead end street. Pinebrook South has been described as "the best kept secret in Venice" displaying a high pride of ownership throughout the community and offers a large community pool(located directly across the street!), shuffleboard, observation dock, clubhouse, and canoe/kayak launch & storage. Home is conveniently located in close proximity to Historic Downtown Venice, shops, restaurants, Publix, parks, Venice Theatre, Venice Cultural Campus(Venice Community Center, Venice Arts Center, Venice Library). Venice Performing Arts Center, Venetian Waterway Trail, Legacy Trail, Golf Courses, Venice Beach, Caspersen Beach, Service Club(Brohard) Beach, Paw Park Beach(Dog Friendly Beach), and many other desirable destinations! This home is a must see!
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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 |
|---|---|---|---|
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Jul 31, 2023 | Listed by NEXTHOME SUNCOAST | $495,000 | |
| Listed by NEXTHOME SUNCOAST | |||
| Jan 25, 2020 | No longer available | - | |
| No longer available | |||
| Jan 17, 2020 | Sold | ||
| Sold | |||
| Nov 22, 2019 | Listed by NEXTHOME SUNCOAST | $279,900 | |
| Listed by NEXTHOME SUNCOAST | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017