12252 145th LANE
About This Property
A SPECIAL WRITING FROM THE OWNER WHO REALLY LOVED IT HERE:
You won't find this unique location available anywhere else in Pinellas County. Walk or bike to 2 waterfront parks daily! Your backyard neighbor is George C. McGough Nature Park! You can launch your kayaks at Bonner Park, which also offers gorgeous water views of the intercoastal waterway and is on the Great Florida Birding Trail. At the end of your block is Largo Intercoastal Marina offering Freedom Boat Club, where you can boat daily without the work of cleaning the boat afterwards.
The Yellow Banks Grove neighborhood is convenient to everything you need to enjoy the Florida lifestyle. This home is 3 minutes to Indian Rocks Beach by car or 5 minutes on your bicycle. Indian Rocks has Splash Harbour Water Park, Beach Art Center where you can take classes, ice cream shops, restaurants, and the Suncoast Trolley that will allow you to ride instead of drive to our beautiful Pinellas County beaches. Grocery stores, including delivery, banks, medical care, shopping, neighborhood restaurants and breweries are all here in the Yellow Banks Grove neighborhood, as well as Yellow Banks Grove citrus, where you can walk or bike for an orange swirl cone to cool off and take home your favorite citrus. Pinellas Suncoast Transit Authority buses are available at nearby Indian Rocks Shopping Center, which has Publix, Bealls Outlet, Dollar Tree, Bank of America, a sports bar, nail and hair salons, and Wells Fargo Bank and BB&T bank adjoin this property. Largo boasts one of the best libraries in the state, offering both a drive through pickup window and a bookmobile with all the latest titles. A short takes you to Heritage Village, Florida Botanical Gardens, which feature light displays in the gardens at Christmas, Walsingham Park, and St. Petersburg College-Seminole campus.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017