1241 RIVERSCAPE STREET Bradenton, FL 34208
First-floor carriage home with water views and amenity-rich community.
Property Features for 1241 RIVERSCAPE STREET
General Information
- Standard status
- Active
- Size
- 1,748 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2014
Listing office LIST NOW REALTY, LLC (352) 385-7636
Listing date Dec 24, 2024
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Stunning water views and access to a marina with available boat slips.
- Amenity‑rich community with a clubhouse, pool on the Manatee River, and two gyms.
- Turnkey, first‑floor carriage home designed for entertaining.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.7k | $23.28 |
| − Vacancy | −$2.2k | −$1.28 |
| EGI | $38.5k | $22.00 |
| − OpEx | −$17.3k | −$9.90 |
| NOI | $21.2k | $12.10 |