8445 68TH WAY N
About This Property
This bright and spacious end-unit villa offers 2 bedrooms, 2 baths, and a 1-car garage in the sought-after 55+ community of Vendome Village. The open living/dining room is perfect for entertaining, while the kitchen flows into a generous dining or family area.
The primary bedroom features a large walk-in closet, and the freshly painted interior showcases brand-new Energy Star hurricane-impact windows with a transferable lifetime warranty. Ceiling fans throughout the home. Other updates include an A/C system with UV lighting (2008), New Electrical Panel ( Sept. 2025) and a newer roof (2012). The garage offers extra storage, a convenient laundry tub, and an automatic door opener.
Enjoy a one-year home warranty for added peace of mind. This pet-free community is ideally located near shopping, restaurants, and vibrant downtown St. Petersburg, with easy freeway access. You're just 20 minutes from award-winning Gulf Coast beaches and about 30 minutes from two international airports.
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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.
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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017