1040 Admiral ROAD
About This Property
This well cared for property includes many updates, such as; BRAND NEW high end AC system, newer Roof (2018) new Frigidaire refrigerator, new wood fence and gate, new Tarkett vinyl flooring in kitchen and den, new insulation blown in attic, and new PGT energy star windows (hurricane proof). Benjamin Moore Regal Select paint on all exterior and Benjamin Moore contractors on interior. All parts in both toilets replaced recently. Hot water heater is 1.5 years old. All pool equipment is 1.5 years old. New Polaris pool robot. Interior of pool refinished in last 1.5 years. New garbage disposal. HVAC 2014. Downtown Dunedin features shopping, restaurants, bars, the Pinellas Trail, public pier, the Toronto Blue Jays spring training ball park, and much more! Just minutes to Clearwater Beach with the finest white sand in the world. A short drive to Dunedin, Causeway and Honeymoon Island as well. An easy drive to Tampa international airport and downtown. Come get it before it's gone!
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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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Aug 24, 2024 | In contract | - | |
| In contract | |||
| Aug 19, 2024 | Relisted | $499,900 | |
| Relisted | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Aug 2, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017