2125 KEPNER DRIVE
About This Property
Recent improvements include fresh interior paint and a brand-new primary bathroom vanity. The home offers central A/C, three hot water heaters, and a 200-amp electrical panel. An enclosed lanai with attached laundry room adds additional living space.
Step outside to a fully fenced backyard with a fig tree, bougainvillea, and storage shed. Located on a quiet street, this property is not a land lease, and is in high dry Flood Zone X with no issues from 2024 Hurricanes. Conveniently located near US-19, shopping, dining, and everyday amenities, with quick access to the Gulf Coast, including Anclote Beach, boat ramp, and tons of fishing! You are just a quick channel ride to Anclote Island and State Park by boat. Truly enjoy the Florida lifestyle while living in this move in ready home!
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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%.
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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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Feb 23, 2026 | Price Decreased |
$89,900
↓ $6K
(6.3%) | |
| Price Decreased | |||
| Jan 23, 2026 | Listed by LIPPLY REAL ESTATE | $95,900 | |
| Listed by LIPPLY REAL ESTATE | |||
| Jan 12, 2026 | Listed | $95,900 | |
| Listed | |||
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Well maintained home on its own land. This property features two bedrooms and two full bathrooms, along with central A/C and supplemental window AC units for enhanced cooling comfort. This home is equipped with three hot water heaters providing excellent hot water capacity. A separate shed houses the washer and dryer which convey with the property and also provide convenient additional storage or potential workspace. The electrical panel has been upgraded to 200 amp service. There is additional finished space beyond the county recorded square footage allowing flexibility for extra living space. The enclosed lanai adds an extra living area. There is a fully fenced backyard offering privacy to enjoy the outdoors. The property has been well maintained, is move-in ready and is located in a non– flood zone per county records. Situated on a quiet street with quick access to US 19. The home is conveniently close to shopping, dining, schools and Gulf Coast recreation. It’s located near Anclote Beach. Please view two videos: Tour 1 & Tour 2
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017