616 GUILD DRIVE #8
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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| May 2, 2025 | In contract | - | |
| In contract | |||
| Mar 3, 2025 | Listed | $175,000 | |
| Listed | |||
| | |||
|
***CREATIVE SELLER FINANCING ARRANGEMENT AVAILABLE-PLEASE INQUIRE FOR MORE DETAILS***Nestled in the heart of Venice Island, this charming 2-bedroom, 2-bathroom condo offers an inviting blend of recent upgrades and coastal convenience. Stepping inside, you’ll immediately appreciate the open-concept design that seamlessly connects the kitchen, dining, and living areas. Recent renovations, including brand-new vinyl plank flooring and base molding throughout, create a fresh and contemporary feel. A new coat of paint enhances the bright and airy atmosphere, making this space truly move-in ready.
The kitchen, updated in 2021, features custom cabinetry, sleek appliances, and recessed lighting that adds a warm and welcoming touch. Flowing effortlessly from the living area, sliding glass doors lead to a spacious screened lanai, providing the perfect spot to relax and enjoy Florida’s year-round sunshine. Whether sipping your morning coffee or unwinding in the evening, this indoor-outdoor connection enhances the home’s appeal.
The primary bedroom serves as a peaceful retreat with its en suite bathroom and walk-in shower, while the second bedroom and an additional bathroom provide additional space and comfort for guests or family. Beyond the interior charm, this condo boasts several essential upgrades, including a new AC system, complete plumbing and re-plumbing in 2021, and freshly updated flooring and paint in 2025.
Location is everything, and this condo delivers unparalleled access to the best of Venice. The renowned Venice Beach is just five minutes away, while the historic downtown area, with its quaint shops and restaurants, is equally close. Caspersen Beach and Nokomis Beach are both within a short 10-minute drive, providing endless opportunities for relaxation and recreation. With its modern updates and prime location, this condo is truly a gem on Venice Island, offering the perfect blend of comfort and coastal charm.
| |||
| Apr 20, 2021 | No longer available | - | |
| No longer available | |||
| Apr 16, 2021 | Listed | $95,000 | |
| Listed | |||
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