616 GUILD DRIVE #1
About This Property
The manager has listed the unit size as 867 square feet.
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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 15, 2022 | No longer available | - | |
| No longer available | |||
| May 23, 2022 | In contract | - | |
| In contract | |||
| May 17, 2022 | Price Decreased |
$219,900
↓ $16K
(6.6%) | |
| Price Decreased | |||
| May 11, 2022 | Listed | $235,500 | |
| Listed | |||
| | |||
|
Here is your opportunity to live on VENICE ISLAND - Newly Remodeled Condominium with a great, quiet LOCATION near all that Venice Island has to offer. This condo's interior has been professionally painted in all rooms, new STAINLESS STEEL appliances including dishwasher, stove, range hood, and refrigerator. High quality, low maintenance quartz counter tops have been installed with an undermount one bay stainless steel sink and new faucet. As an end unit, this condo offers plenty of windows for a bright airy feel. Enjoy the nice island breezes throughout on those cool summer nights. This unit has one covered parking space, and one assigned parking space with plenty of guest parking. The location is perfect as it is quiet but close to all the island has to offer. Walk to the Publix Plaza, bike to downtown Venice for all the cafes, shops and restaurants. Enjoy the night life at the Venice Theater, or live music downtown. Enjoy the seasonal festivals as well as the weekly farmer's market. Best of all ride your bike to the Beach and bask in the Florida sunshine! Want some extra income, easily rent your unit as it offers a prime valuable location. Call today for your private showing! This updated unit will not last long! The manager has listed the unit size as 867 square feet.
| |||
| Apr 12, 2022 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/03/2025
|
2 Bed
|
2 Bath
|
867 ft²
|
$175,000
2 Bed
2 Bath
867 ft²
|
$170,000
-2.86%
05/29/2025
|
Patrick Brogley
KELLER WILLIAMS ON THE WATER
| |
|
03/11/2022
|
2 Bed
|
2 Bath
|
867 ft²
|
$199,900
2 Bed
2 Bath
867 ft²
|
-
-
|
Michael Trapani, Jr
FINE PROPERTIES
| |
|
04/16/2021
|
2 Bed
|
2 Bath
|
867 ft²
|
$95,000
2 Bed
2 Bath
867 ft²
|
-
-
|
-
| |
|
01/31/2020
|
2 Bed
|
2 Bath
|
867 ft²
|
$118,000
2 Bed
2 Bath
867 ft²
|
-
-
|
-
| |
|
08/15/2019
|
1 Bed
|
1 Bath
|
425 ft²
|
$77,000
1 Bed
1 Bath
425 ft²
|
-
-
|
-
| |
|
08/11/2019
|
1 Bed
|
1 Bath
|
635 ft²
|
$89,500
1 Bed
1 Bath
635 ft²
|
-
-
|
-
| |
|
07/29/2019
|
1 Bed
|
1 Bath
|
652 ft²
|
$110,000
1 Bed
1 Bath
652 ft²
|
-
-
|
-
| |
|
06/23/2018
|
1 Bed
|
1 Bath
|
635 ft²
|
-
1 Bed
1 Bath
635 ft²
|
-
-
|
-
| |
|
06/17/2018
|
1 Bed
|
1 Bath
|
635 ft²
|
-
1 Bed
1 Bath
635 ft²
|
-
-
|
-
| |
|
05/15/2018
| |
1 Bed
|
1 Bath
|
635 ft²
|
-
1 Bed
1 Bath
635 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017