2406 25TH AVENUE W
About This Property
Step inside to discover a home that has been completely transformed with attention to detail. The main kitchen showcases elegant stone countertops and brand-new appliances, creating an inviting space for culinary enthusiasts. Fresh flooring throughout adds a contemporary touch while enhancing the home's aesthetic appeal.
A unique highlight of this property is the versatile bonus room, complete with pre-installed plumbing, stove connection, and sink - perfect for creating a secondary kitchen, home business space, or in-law suite. The possibilities are endless!
The outdoor space is equally impressive, featuring a fully fenced backyard enclosed with durable vinyl fencing, providing both security and privacy. A convenient storage shed offers additional space for garden tools and outdoor equipment.
This property enjoys an enviable location within walking distance to public transportation and just minutes from essential amenities including grocery stores and schools. The prestigious Manatee High School is nearby, making this an excellent choice for families with students. Nature enthusiasts will appreciate the proximity to Lewis Park, perfect for weekend recreation.
With its thoughtful renovations, versatile spaces, and prime location, this home presents an exceptional opportunity for those seeking a move-in ready property in an established neighborhood.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017