1604 28TH STREET W
About This Property
Both bedrooms offer generous built-in closets and cabinetry, providing exceptional storage rarely found in homes of this era. The vintage bathroom is a true treasure, showcasing beautifully preserved pink and gray tile that celebrates the home's mid-century roots.
Situated on a spacious .22-acre lot, the property offers room to garden, entertain, or simply enjoy the Florida sunshine. A detached two-car garage with alley access includes a substantial workshop area, making it ideal for hobbyists, craftspeople, or anyone needing extra storage and workspace.
Major improvements include a 2020 roof on both the home and garage, offering peace of mind for years to come. Ideally located in desirable West Bradenton, a neighborhood city park is just down the street, while shopping, dining, medical facilities, schools, and Gulf beaches are all within easy reach.
Whether you're drawn to its vintage character, solid construction, oversized lot, or workshop space, this property presents a wonderful opportunity to make a classic West Bradenton home your own.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017