607 MANATEE AVENUE
About This Property
Step inside to discover all-new flooring, updated electrical, a newer roof, and stylish finishes throughout. The kitchen shines with brand-new cabinetry and granite countertops, while both bathrooms have been completely renovated with contemporary design. Additional upgrades include updated lighting and a brand-new washer and dryer for added convenience.
Outdoors, enjoy direct access to the Manatee River with a durable composite dock built for longevity. Equipped with a fish cleaning station and a 10,000-pound boat lift, it's ready for your next adventure-just bring your boat and head out to the Gulf for a day of fishing.
This move-in-ready home combines modern upgrades with the ultimate Florida waterfront lifestyle. Sea wall replaced in 2018,and the boat lift in 2015.
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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 |
|---|---|---|---|
| Jun 30, 2026 | Price Decreased |
$450,000
↓ $25K
(5.3%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by KW SUNCOAST | $500,000 | |
| Listed by KW SUNCOAST | |||
| May 30, 2025 | Price Decreased |
$310,000
↓ $20K
(6.1%) | |
| Price Decreased | |||
| May 20, 2025 | Price Decreased |
$330,000
↓ $3K
(0.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017