3310 W 9TH AVENUE
About This Property
Inside, the open floor plan is ideal for entertaining, with vaulted ceilings, beautifully preserved original pine floors, fresh neutral paint, new recessed LED lighting, and all-new electrical wiring with decora-style switches throughout. The modern kitchen features sleek contemporary cabinetry, quartz countertops, stainless steel appliances with an induction cooktop, and a window over the sink with backyard views. The kitchen flows seamlessly into the family room and has direct access to the outdoor deck - perfect for grilling and gatherings.
The primary suite offers access to the back deck, a built-in closet, and a modern bath with classic finishes and a tub/shower combination. The two additional bedrooms are privately located on the opposite side of the home, spacious and convenient to the updated guest bathroom that blends style with the home's original charm.
A spacious bonus room provides flexibility for a home office, workout space, or creative studio. Outside, you'll find two storage sheds and a movable carport. Additional updates include newer windows, newer AC, a composite front porch and rear deck, a new fence, new roof (2022), a space-saving tankless water heater (2022), and completely renovated ductwork.
Walk to top-rated Manatee High School and Miller Elementary. This great neighborhood offers easy access to downtown Bradenton, Riverwalk, shopping, restaurants, and is just minutes to Gulf beaches, including Anna Maria Island. Conveniently located near 301 and I-75 for a quick commute.
This property is perfect as a full-time or seasonal residence and could also be a remarkable rental with very flexible rental options.
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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