4808 29TH AVENUE W
About This Property
Step outside to enjoy the screened lanai overlooking the large, fully fenced backyard, perfect for pets, entertaining, or simply relaxing. The lush green lawn stays vibrant year-round thanks to a deep well and irrigation system. The garage includes a dedicated workshop area and a backyard storage shed for extra convenience. Plus, with plenty of space for boat, RV, or trailer parking, this property offers incredible versatility.
Situated in a prime location, you're just minutes from GT Bray Park, a short drive to the vibrant Bradenton Riverwalk, and only a quick trip west to the stunning Gulf beaches and Anna Maria Island. Enjoy easy access to various shopping, dining, and entertainment options-all within reach of your new 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.
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About Bradenton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017