3890 40TH AVENUE W
About This Property
Discover the perfect blend of comfort and convenience in this inviting 3-bedroom, 2-bath home with a 2-car garage and attic storage. Nestled in the sought-after Villages of Lakeside South, this property offers a peaceful pond view while being just minutes from Anna Maria Island's beaches, shopping, dining, and downtown Bradenton.
Inside, you'll find a thoughtfully designed split floor plan, highlighted by wood floors, a bright living/dining room combo, and a kitchen that opens to the family room, making it easy to entertain or relax. The home also features updated landscaping for privacy, a newer water heater, and a 2016 A/C system.
Community living shines here with access to a pool, tennis courts, playground, and clubhouse. Best of all, the low HOA fee of just $159/month covers lawn care, cable, and internet-making this one of the best values in Bradenton.
Just minutes from the beaches, restaurants, shopping, excellent medical care, and Blake Hospital.
Whether you're searching for a full-time residence or seasonal retreat, this home combines lifestyle, location, and amenities at an unbeatable price.
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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