2217 8th AVENUE W
About This Property
With three bedrooms, two bathrooms, and a den, this home is perfect for families or those who need extra space for a home office or owners closet. The interior of the home is warm and inviting, with plenty of natural light and a cozy atmosphere.
Detached oversized one car garage currently being used as owners storage; access via back alley, which provides additional parking.
Located just minutes from the Village of the Arts, downtown Bradenton, and River Walk, you'll have easy access to all the best restaurants, shops, and entertainment that the area has to offer. Only 4 short miles to the Palma Sola Causeway and approximately 15 minutes to Anna Maria Island and only 5 miles to I75.
This is truly a wonderful opportunity to own a piece of paradise in one of the most sought-after neighborhoods in the area. Don't miss out on this amazing opportunity to make this house your new home or add it to your investment portfolio.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017