11400 Walker AVENUE
About This Property
Moreover, the property features a spacious 2-car garage with convenient washer and dryer hookups, along with a separate workshop for added versatility. Ample storage solutions are found throughout, including multiple closets and storage spaces, ensuring organization and functionality. The lush greenery enveloping the outside area creates a serene atmosphere, with ample space for beloved pets to roam.
With the right enhancements and a touch of craftsmanship, this residence has the potential to be a prized asset within the community, whether as a cherished retreat or a primary residence. Ideally positioned in the sought-after Seminole Estates subdivision, residents enjoy convenient proximity to Seminole City Center, offering a plethora of shopping, dining, and entertainment options. Furthermore, the property's location places it just minutes away from the breathtaking beaches of Indian Rocks, Indian Shores, and Madeira Beach, providing endless opportunities for relaxation and recreation. Additionally, the vibrant attractions of Johns Pass and the myriad amenities along Gulf Boulevard are all within a brief 10-minute drive, ensuring effortless access to the area's vibrant lifestyle offerings.
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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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
| Jun 1, 2024 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| May 11, 2024 | Price Decreased |
$599,900
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Apr 26, 2024 | Price Decreased |
$629,900
↓ $20K
(3.1%) | |
| Price Decreased | |||
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About Pinellas
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017