8205 8th TERRACE NW
About This Property
This bright and airy home features new carpeting in all the bedrooms and den, new split AC system, tankless water heater, new refrigerator and dishwasher as well as hurricane shutters for the entire home, custom motorized interior sun shades, and even a temperature controlled single car garage(3rd) that can be used as a workshop, project room or a place to keep a pampered vehicle.
As you enter the front foyer your eyes are directed to the pool and the meticulously landscaped backyard, through the large sliding glass doors. The lanai has been reconditioned with new screen, paint and stainless hardware to keep you bug free while you enjoy the heated pool and spa. New pool equipment includes a cartridge filter system as well as an automated pool pump for easy scheduling. A heavy dose of landscaping as well as lighting has made this home equally as beautiful from the outside as the inside.
You are only 10 minutes from the beaches of Anna Maria Island, and 5 minutes to the Publix grocery store. Both elementary and middle schools are within 1 mile of Woodlands Park, making a commute with kids a breeze.
Schedule your appointment today!
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Listed by CENTURY 21 BEGGINS ENTERPRISES | $957,000 | |
| Listed by CENTURY 21 BEGGINS ENTERPRISES | |||
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Welcome to the highly desirable neighborhood of Woodlands Park on Palma Sola Bay. Whew, that may be a bit of a mouthful to say, but boy is the location worth it! This property is 10 minutes from Holmes Beach, and is super close to shopping, fine and casual dining, DeSoto National Memorial Park, Robinson Preserve, and lots of other fun things to do in the area. As for the house itself, you can see from the listing details that this is a beautiful 3-bedroom pool home with 3 bathrooms, den (which can easily be converted to a 4th bedroom) with a 3-car garage, and many other features. Rather than rehashing those details, hang on to your hats, and let’s get to the nitty-gritty of all this home has to offer. The home is located on a fenced lot that is just shy of half an acre. The sellers love spending time working outdoors and are avid gardeners, so the landscaping has been meticulously maintained and includes lots of exterior lighting, palms, and other lush tropical plants providing a yard that is not only beautiful during the day, but also well-lit and just as lovely at night. There have been lots of updates and upgrades made to the property over the past few years including a new 40-year roof with shingles rated at 165mph, newer split HVAC with UV light to kill germs, security cameras, custom interior motorized blinds, tankless water heater, refrigerator, and dishwasher. That is quite a list, but not all of the good stuff! There are hurricane shutters for the entire home. The shutters on the back side of the home are electronic, and those for the front and side are the standard manually attached kind. As if all of that wasn’t enough, the home has a central vac system, wired ceiling speakers, pool safety fence. One of your favorite spots is sure to be the lanai which is absolutely striking in appearance and with the newer screening, painting, and hardware on the lanai cage, you will be bug-free as you entertain by the pool and spa. The pool equipment is newer and has a cartridge filter system and an automated pool pump for easy scheduling. The lanai is also plumbed for gas so you can just hook up your grill, or even add an outdoor kitchen. Let’s not overlook the garage. It is equipped with additional custom storage and a workbench. Plus, the single car stall is separated from the two-car stall by a wall and sliding barn doors. The single space is temperature controlled and perfect to use as a home gym, studio, workshop, or to keep a classic automobile. There is a designated 220 amp outlet off the electrical panel in case you want to add a back-up generator. Being just 10 minutes from the awesome beaches of Anna Maria Island, 5 minutes to the Publix grocery store, and more restaurants than you could probably eat at in a year, what more could you want? Having the elementary and middle schools within 1 mile of Woodlands Park making a commute with kids a breeze? Done! This property has everything you could want, and more! Make plans to see it right away. Pick up your phone and start dialing to make an appointment now!
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| Dec 13, 2021 | Sold | ||
| Sold | |||
| Nov 5, 2021 | Listed by MICHAEL SAUNDERS & COMPANY | $775,000 | |
| Listed by MICHAEL SAUNDERS & COMPANY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017