1777 Pomelo DRIVE
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 |
|---|---|---|---|
| Feb 11, 2025 | Price Decreased |
$399,000
↓ $995
(0.3%) | |
| Price Decreased | |||
| Feb 7, 2025 | Price Decreased |
$399,995
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Dec 25, 2024 | Listed | $415,000 | |
| Listed | |||
| | |||
|
Location, Location, Location! Nestled in the desirable Venice Gardens, this well-maintained home is just a 5-minute drive to the beach, making it an ideal seasonal rental! Featuring a new roof, a huge garage, and a spacious backyard with plenty of room for a pool, this property is perfect for both relaxation and entertaining.
Inside, the generously sized bedrooms provide ample space, and there’s potential to easily add a third bedroom if needed. With Historic Downtown Venice just a short drive away, you’ll enjoy the best of both worlds—quiet, peaceful living with close access to shopping, dining, and the stunning beaches of Florida’s west coast.
Optional membership to the Venice Gardens Community Center is available, providing access to a community pool, recreation center, and playground in a park-like setting.
This home is a fantastic opportunity for those seeking a seasonal rental in one of the most desirable areas in Venice!
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| Mar 31, 2022 | Sold | ||
| Sold | |||
| Jan 10, 2022 | Listed by EXIT KING REALTY | $350,000 | |
| Listed by EXIT KING REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017