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1241 NICHOLSON STREET
About This Property
The primary bedroom includes its own private bathroom, while the two secondary bedrooms share a previously refreshed guest bath. Both bathrooms have received updates while still leaving room for future personalization. Additional features include a one-car garage and a large fenced backyard with space to create a patio or grilling area, add gardens or play equipment, provide room for pets, or explore the possibility of a future pool, subject to applicable zoning, permitting, and setback requirements.
Conveniently located near shopping, dining, schools, and major roadways, the property is approximately 2 miles from Downtown Clearwater and Coachman Park, about 3 miles from BayCare Ballpark, and approximately 6 miles from Clearwater Beach. Nearby recreational options include Crest Lake Park, the Pinellas Trail, Clearwater Country Club, waterfront activities, and the shops, restaurants, and community events found in Downtown Clearwater and nearby Dunedin. The location also provides access to U.S. Highway 19, Gulf-to-Bay Boulevard, and area employment and entertainment destinations throughout Pinellas County and Tampa Bay.
All information is believed to be accurate but is not guaranteed. Buyers and agents are encouraged to verify all measurements, room dimensions, property features, permit history, zoning, school information, distances, and any other facts or information pertinent to their purchase decision.
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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 8, 2026 | Price Decreased |
$305,000
↓ $18K
(5.4%) | |
| Price Decreased | |||
| Sep 26, 2026 | Relisted | $322,500 | |
| Relisted | |||
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Price Decreased |
$322,500
↓ $7K
(2.2%) | |
| Price Decreased | |||
| Aug 12, 2026 | Listed by RESULTS REAL ESTATE INC | $329,900 | |
| Listed by RESULTS REAL ESTATE INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017