4504 Bliss ROAD
About This Property
The current owners have been great stewards of the home making improvements that include: a new roof in 2022 on both the detached guest house/studio and the shed attached to the back of the main house. The main house roof was installed approximately 8 years ago in 2014. They have freshly painted the interior and exterior; added exterior trim around the home, new frames & screens on both the breezeway and lanai; had the septic tank pumped, inspected, treated and a new lid constructed. Other items include: in 2021 a new automatic irrigation well pump was installed w/ holding tank for non-potable water for the garden; fence repairs & replacements were made including a new gate; added a shade sail; installed Bahama shutters; outdoor shower w/ hot & cold water; water feature with waterfall; low voltage Malibu lighting in the yard; home electrical maintenance completed; exterior/interior Arlo security camera system; spa & additional exterior outlet; mini-split HVAC system in guest studio added; water heater replaced; upgraded breaker panel; updated major kitchen appliances; renovated sink, hardware, shower & toilet in Primary bathroom; renovated sink, hardware & toilet in the hall bathroom; scheduled pest inspection, maintenance and treatment. The property has a 6ft high privacy fence. There is so much to share about this home! The pictures are great, and the 3D tour is terrific, but you'll likely fall in love when you schedule a tour and come see it in person. The location is central and it's about 5 miles to the beach.
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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 |
|---|---|---|---|
| Nov 2, 2022 | No longer available | - | |
| No longer available | |||
| Nov 1, 2022 | Sold | ||
| Sold | |||
| Sep 9, 2022 | In contract | - | |
| In contract | |||
| Aug 3, 2022 | No longer available | - | |
| No longer available | |||
| Jul 14, 2022 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Price/ft²
Listed On
Sold On
About Sarasota Highlands East
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017