238 Parkview DRIVE
About This Property
This home offers quite a few Notable Updates which include a new roof in 2021, new A/C in 2017, electrical panel 2018, new quartz kitchen counter top in 2022, soft close kitchen cabinets, new oven/cooktop in 2022, A reverse Osmosis water system under the kitchen sink, replumbing 2015, privacy fence was installed in 2018. This home is conveniently located to Downtown Wellen Park/Downtown Venice. It is a few minutes from Manasota Beach, Venice Beach, Sharky's Restaurant & Pier. Close to Banks, Restaurants, Hospitals, grocery shopping and soo much more. This home has the convenience of public water and public sewer. Don't miss the opportunity to make this exceptional home yours! Schedule a showing today and seize the chance to experience the wonderful lifestyle it has to offer."
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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