308 46th STREET W
About This Property
As you enter, you will immediately notice the spacious open living area, a 3-way ping pong table that transforms to a billiards table and regular table. The comfortable living room is equipped with a large 60" TV and ample seating perfect for relaxing and enjoying time together. The Dining area boast of a large table that seats 12, the Kitchen is fully equipped with a peninsula seating area, electric stove and range hood, farmhouse double sink with filtered drinking water, dishwasher, Quartz counter top, 4-slice toaster, electric blender, electric kettle, microwave, coffee machine and moka pot. Off the kitchen are the brand new Washer & Dryer with a wood counter top. The Florida Room features a small pullout couch and impact French doors & a triple impact window. The Theater/Arcade is outfitted with 8 electric recliner chairs, and an 86" TV. There is an arcade system with two Simpson games for 4 players. And the 3rd Bath with walk-in glass shower. Three bedrooms are furnished with a king bed topped with mattress topper for added comfort. A desk with lighting for work, a 55" TV and spacious closets. The 4th bedroom has a bunk bed and closet.
The 130x136 Corner Lot offers ample room for relaxation and entertainment. Enjoy the heated 16 x 30-ft heated pool with depth of up to 8 ft. The outdoor space includes 4 lounge chairs with 2 umbrellas, a BBQ Grill area features a mini fridge, fun lighting, Bluetooth speakers, an umbrella, and 4 barstools. Additional amenities include an outdoor sink, an outdoor shower, and a built-in stone seating area. Lastly there is also a pickleball court, a small gazebo and a swing set and fenced in with 6 ft high PVC fence. The 8 x 12 Shed has beach accessories, with additional sports equipment like paddles, mini soccer goals and various sports accessories.
Close to shopping, dining, medical, schools, Robinson's Preserve, and just 7 miles from the Anna Maria Island Beaches and an abundance of outdoor fun that includes kayaking, bike trails, boating, swimming and more. RV/Boat Parking, A MUST SEE!
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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.
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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