2007 YALE AVENUE
About This Property
Discover the perfect blend of comfort and opportunity in this stunning block/concrete home nestled in the heart of Bayshore Gardens! Set on a generous 0.17-acre fenced lot, this property boasts no deed restrictions, allowing you the freedom to personalize it as you desire. The standout feature is the ***** DETACHED ADU, an IDEAL IN-LAW SUITE or STUDIO *****, complete with its own full bathroom equipped with a shower, a cozy kitchenette, a spacious bedroom with a closet, and independent a/c-all accessed through a private entry. This versatile space enhances your living options and can help offset your monthly mortgage payment! Boating enthusiasts, you're in luck! For a nominal fee, residents can access the marina, a private boat ramp, and even the opportunity to get on the waiting list for a personal boat slip. Additionally, a modest annual fee of $407 added to the property tax bill opens the doors to Bayshore Garden Parks & Recreation, providing access to a Junior Olympic-sized swimming pool, a large deck for relaxation, playgrounds, picnic pavilions with BBQ grills, a ball field, and a fishing pier equipped with a cleaning station. This turnkey property, recently and stylishly remodeled in January 2025, offers you the ease of living with No HOA, No CDD, No Flood Insurance as it's elevated from the street level, and remarkably low taxes. Safely park your RV, boat, truck, trailer, or other vehicles on your private driveway or carport. Enjoy the dreamy Florida lifestyle to the fullest in this energy-efficient home, proudly featuring a paid-off $50K solar panel system to keep your electric bills minimal. Step inside to be captivated by the modern, stylish kitchen that seamlessly flows into an open-concept living area, perfect for entertaining family and friends. The master bedroom boasts a generous walk-in closet and an ensuite bathroom with a step-in shower, while three additional bedrooms share a well-appointed full bathroom. Venture outside to your own private backyard oasis-a spacious, oversized, fenced yard brimming with potential for future enhancements like a charming pergola, a cozy fire pit, or a dream swimming pool. All renovations completed in January 2025 include a newer roof with paid-off solar panels, energy-efficient double-pane windows, a new HVAC system, and comprehensive plumbing and electrical upgrades. Revel in new doors, a state-of-the-art kitchen with solid soft-close wood cabinetry, luxurious Quartz countertops, stainless steel appliances, and beautifully remodeled bathrooms. Enjoy the durability and elegance of 5mm waterproof luxury vinyl flooring paired with fresh paint, new wood baseboards, and modern LED lighting. Ideally located in the highly desirable Bradenton area, you'll have the best of both worlds-between Bradenton and Sarasota, just 2 miles from Sarasota–Bradenton Int Airport and a mere 3 miles from IMG Academy. A short drive leads you to the breathtaking beaches of the Gulf of Mexico, and you're only 15 min from Sarasota Memorial Hospital and 20 min from world-renowned shores like Anna Maria Island and Siesta Key Beaches. Easy access to major freeways (I-75 & I-275), schools, medical facilities, shopping (Costco/Walmart/Publix), and dining options makes this an unbeatable location. Hablo Espanol! (Main House: 4 Bedrooms, 2 Bathrooms; - Detached ADU/In-Law Suite: 1 Bedroom, 1 Bathroom, Kitchenette)
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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