7101 16TH AVENUE NW
About This Property
The kitchen is designed for both beauty and performance, showcasing solid wood soft-close cabinetry, stainless steel appliances, gas cooking, an impressive range hood, and reverse osmosis water at the sink. A Kinetico water softener and whole-home filtration system ensure premium water quality throughout. Built for efficiency and comfort, this home features a durable metal roof, foam insulation, a zoned 5-ton main A/C system plus a dedicated 1-ton unit in the primary suite, and a tankless water heater. Security cameras provide peace of mind, and the oversized garage doors, extra-long driveway, and spacious garage offer ample room for vehicles and storage. This is not just a home - it's a meticulously upgraded property that must be seen to fully appreciate the craftsmanship, functionality, and incredible value offered in one of Bradenton's most sought-after locations near the beaches. Schedule your private showing today and experience it for yourself.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017