1241 Falcon DRIVE
About This Property
The home features a brand-new roof (2020), a recently updated bathroom that adds a touch of modernity, along with a laundry room that meets all your storage needs. The fenced backyard ensures privacy, providing a secure space for small pets. A/C is a Rheem (2015) and Water Heater (2016).
Nestled in a prime location, the residence offers close proximity to an array of Dunedin's finest amenities, including wonderful restaurants, Honeymoon Island, and the renowned Pinellas Trail. With downtown Dunedin less than 2 miles away, a vibrant lifestyle awaits.
Call today to explore this golden opportunity in the heart of Dunedin.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
| Feb 14, 2024 | Price Decreased |
$395,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Feb 6, 2024 | Price Decreased |
$399,999
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jan 23, 2024 | Listed by WATERMARK REALTY CO. | $410,000 | |
| Listed by WATERMARK REALTY CO. | |||
Property Highlights
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About Dunedin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017