1834 Riverside DRIVE E
About This Property
This remodeled 2 Bedroom, 1.5 Bath, plus bonus room on the Manatee River. This waterfront oasis is beautifully designed with expanding windows for spectacular panoramic water views, and breathtaking sunsets. The bonus room can easily convert to a 3rd bedroom. With the convenient plumbing in the extra large laundry room (shower) makes this an opportunity to add another bathroom. This area would become a second master bedroom with French doors and views of the Manatee River.
All windows and doors except the front bay windows have impact glass. The kitchen is updated with stainless steel appliances and granite counter tops. Perfect for entertaining with an open breakfast nook, and dining room. The Florida lifestyle awaits you with your own private dock. The backyard is fenced with a double carport that would also make an amazing cabana. Plenty of room to add a pool.
This home is just minutes away to the Gulf of Mexico by boat. A short drive to the renowned Riverwalk with great restaurants and shops. Minutes to the beautiful Gulf beaches.
*Third bedroom was a garage enclosure with portable closet.
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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 |
|---|---|---|---|
| Oct 24, 2022 | Sold | ||
| Sold | |||
| Mar 24, 2022 | Listed by RE/MAX ALLIANCE GROUP | $699,999 | |
| Listed by RE/MAX ALLIANCE GROUP | |||
| Oct 9, 2021 | No longer available | - | |
| No longer available | |||
| Aug 4, 2021 | Listed by Destination Nature Coast Realt | $899,999 | |
| Listed by Destination Nature Coast Realt | |||
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A million dollar view in your front yard! The most desirable area in Bradenton can be yours now! Own this beautiful home that needs nothing other than a new owner. Metal roof only 6 years old and 4 ton Rheem A/C is new! 5 NEW impact glass doors, windows with full view glass and blinds professionally installed 1 month ago. Remodeled interior will impress as soon as you walk in the new steel impact glass front door! The Manatee River is seen from windows inside and the sunsets are breathtaking that you will want to watch every single day from your yard. Walk across the street to your own dock with 140'+ of seawall with Riparian rights. The neighborhood is surrounded by million dollar homes and is HOT! This is the historical “Rodeo Drive” of Bradenton. Spring-fed Braden River feeds into the Manatee River a short distance from this Riverside home. It is a short kayak paddle or bike ride to the best waterfront restaurants & River-walk. Walk to the historical train station. Smell Tropicana Orange juice every morning as this home is less than 2 miles from Tropicana. The Pittsburgh Pirates winter home is 5 minutes away, as well as the ‘world famous 'Mixon Fruit Farms' & 'Detwilers Farm Market'. Only 9 miles from the Gulf of Mexico, watch the beautiful lights of the Desoto Bridge without hearing any noise or traffic. AND now for the BEST part.....Owner financing with 50% down, 7% interest with 15 or 30 year terms. WOW! The manager has listed the unit size as 1916 square feet.
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| May 17, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017