2289 REPUBLIC DRIVE
About This Property
Upon entry, you'll find an inviting open front patio perfect for morning coffee or evening relaxation, embodying the peaceful Florida lifestyle. The interior features beautiful light colors, ceramic tile in the living and dining rooms, and vinyl plank flooring throughout-there's no carpet! The home offers formal living and dining rooms, as well as a cozy family room with a wood-burning fireplace.
This home boasts numerous upgrades, including windows with plantation shutters and fresh paint inside and out. The kitchen is a chef's dream with white cabinets, granite countertops, and newer stainless-steel appliances. The spacious master bedroom suite includes a walk-in closet and a luxurious bathroom with a jacuzzi tub/shower. The additional bedrooms are generously sized, and all bathrooms have been updated.
Enjoy the large Florida room leading to your completely fenced backyard, featuring an array of fruit trees and a new above-ground pool installed in 2022. The home also has significant updates: a new roof in 2021, HVAC and water heater replaced in 2019, and a vinyl fence added in 2023.
This community has no deed restrictions or mandatory HOA, and the home is in Flood Zone X, eliminating the need for mandatory flood insurance. Conveniently situated between US19 and Belcher, you'll love the proximity to shopping, restaurants, and the award-winning beaches at Honeymoon and Caladesi Island State Parks.
Schedule your tour today before this beautiful home is sold!
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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 |
|---|---|---|---|
| May 30, 2025 | Sold | ||
| Sold | |||
| Apr 27, 2025 | In contract | - | |
| In contract | |||
| Apr 25, 2025 | Price Decreased |
$525,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Mar 18, 2025 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Feb 11, 2025 | Price Decreased |
$550,000
↓ $8K
(1.4%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017