3906 40TH STREET W
About This Property
This meticulously maintained 2-bedroom, 2-bathroom villa in the highly sought-after Lakeside South community of Bradenton offers the perfect blend of comfort, convenience, and coastal charm. This truly is a worry-free home as the roof was replaced in 2020, hurricane windows and door installed in 2020, new AC system in 2024 and a new water heater with all interior plumbing redone!The property features spacious Living Areas. Step inside to a light-filled, open-concept living area that exudes warmth and hospitality. The large windows invite natural light, creating a cheerful atmosphere perfect for relaxation or entertaining. The kitchen boasts modern Stainless Steel appliances, ample counter space, and an inviting layout that will inspire your culinary creativity. Whether you're whipping up a quick breakfast or hosting a dinner party, this space is designed for efficiency and enjoyment. A versatile bonus den provides endless possibilities. Use it as a cozy reading nook, a home office, or convert it into a third bedroom for guests. The built-in closet ensures you have enough storage, making it a practical addition to the home. The elegant Master suite features a spacious layout, complete with an ensuite bathroom for added privacy. The second bedroom is also generously sized, ensuring comfort for family members or visitors and has a functional Murphy bed making it easy to accommodate overnight guests easily. Step outside to your private patio, perfect for morning coffee or evening relaxation. Enjoy the peaceful surroundings and well-maintained landscaping that adds to the villa's charm while overlooking a peaceful and serene lake.
Living in Lakeside South means you'll enjoy a host of community amenities designed to enhance your lifestyle such as a enjoying a dip in the refreshing pool, perfect for those warm Florida days. Lounge by the water or socialize with neighbors in this inviting setting.
Maintenance-Free Living: With low monthly association fees of just $157, you can enjoy the benefits of hassle-free living. This fee covers grounds maintenance, pool maintenance, and management services, cable and Internet allowing you to spend your time enjoying your new home rather than worrying about upkeep. Centrally located in Bradenton, this villa places you just 10 miles from some of the most beautiful beaches in Florida. The community's design promotes an active lifestyle with plenty of opportunities to meet fellow residents. Whether you're a first-time homebuyer, a retiree looking to downsize, or simply seeking a winter retreat, this villa in Lakeside South is the perfect place to call home. Don't miss your chance to experience the best of Florida living in a vibrant community. In conclusion, this charming 2BR/2BA villa with a den in Lakeside South is more than just a property; it's a lifestyle choice. Welcome home!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 15, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
| Mar 16, 2025 | Price Decreased |
$298,000
↓ $12K
(3.9%) | |
| Price Decreased | |||
| Jan 27, 2025 | Price Decreased |
$309,980
↓ $30K
(8.8%) | |
| Price Decreased | |||
| Nov 1, 2024 | Listed by WAGNER REALTY | $339,700 | |
| Listed by WAGNER REALTY | |||
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About Bradenton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017