2008 39TH STREET W
About This Property
Inside, no detail was overlooked. The home features new large format tile flooring throughout. The kitchen was fully remodeled in 2019 showcasing modern cabinetry, new appliances, and a gas range perfect for culinary enthusiasts. The A/C unit and ducts were replaced in 2018 to include an independent thermostat for the primary suite.
The primary bedroom is a true retreat, complete with a generously sized walk-in closet outfitted with full custom shelving - thoughtfully designed to maximize every inch of storage with a place for everything. The primary bathroom was remodeled to impress, featuring a sleek, modern aesthetic with designer finishes, a heated towel rack for that spa-like touch every morning, and a built-in Bluetooth speaker system so your favorite playlist or podcast is always right where you need it.
The guest bathroom received the same elevated treatment - fully updated with a fresh modern design, its own heated towel rack, and a Bluetooth speaker system, ensuring every member of the household and every guest enjoys a premium experience from the moment they walk in.
The two-car garage has its own mini-split for cooling, making it ideal for car collectors, hobbyists, or a premium workshop setup. Step outside to an expansive screened-in lanai that is an entertainer's paradise, showcasing a sparkling pool, an above-ground hot tub, an oversized sundeck, covered dining area, and more than enough room to host everyone you know. Whether you're lounging poolside at sunrise, relaxing in the hot tub after a long day, throwing a weekend gathering, or simply unwinding under the stars, this outdoor living space delivers every luxury you've ever imagined - and then some. With a brand-new solar heater paired with a heat pump, your pool stays at the perfect temperature year-round.
This property offers exceptional parking and storage flexibility. The expansive side yard provides dedicated space to store your RV, boat, trailer, jet skis, or an entire fleet of vehicles - with room to spare. No HOA hassle, no cramped quarters. Just the freedom to bring everything you own and live the Florida lifestyle.
This is also a premier short-term rental investment opportunity with plenty of room to add sought-after amenities like pickleball, firepits, or even an outdoor kitchen. Just minutes from Anna Maria Island, top-rated restaurants, IMG and downtown with easy access to both Cortez Road and Manatee Ave, this is Florida living at its best! For added preparedness and peace of mind, a new, unused generator is included with the sale. Ready to be installed or stored for future use, it provides an excellent backup power solution during storms or unexpected outages.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017