345 GLEN OAK ROAD
About This Property
Step inside to discover a home that's ready for its new chapter. The property has been updated with a Brand New Roof 2024 and a brand-New air conditioning system installed in 2022, ensuring your comfort year-round in the Sunshine State. Ceiling fans throughout, tile and laminate flooring, No Carpet! The extended driveway has space for extra cars, boats and trailers. Fully fenced yard around the perimeter offers privacy and space for furry friends.
This home's located right in the middle of Venice Gardens, off Center and Pinebrook Road. Around the corner is the Venice Gardens Civic Association, where you can utilize a year-round recreation center with a mess hall and heated pool. You're just a short drive from Venice High School and the historic Venice Train Depot, which offers a public boat ramp for weekend adventures. Nature enthusiasts will appreciate the proximity to Venice City Parks, while practical amenities like ALDI grocery store are close by. The Venice beach is less than a mile away! No HOA! Not in a Flood Zone! This home had zero Damage from the any past storms.
The neighborhood offers a perfect blend of peaceful residential living while keeping you connected to everything Venice has to offer. Public transportation is easily accessible, with a convenient bus stop nearby on South Tamiami Trail.
The primary bedroom provides a peaceful retreat, while two additional bedrooms offer plenty of space for family members, guests, or a home office setup. The property's lot size provides ample outdoor space for gardening, entertaining, or simply enjoying the sunshine.
Whether you're a beach lover, outdoor enthusiast, or someone who appreciates the charm of coastal living, this home offers the perfect foundation for your Florida lifestyle. Don't miss the opportunity to make this lovely Venice property your own!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017