1242 VIKING DRIVE
About This Property
Enjoy peace of mind knowing the plumbing has been completely redone with PVC-no cast iron, and the Goodman brand A/C system was replaced in March 2022. Additional major upgrades include a new roof installed in December 2017, newer windows throughout, and several thoughtful improvements completed in fall 2020, such as a new water heater, new bathroom vanity, and new locks and hardware on doors and cabinets.
The flexible floor plan includes a bonus room plus an enclosed patio that opens to a nice-sized rear yard-perfect for relaxing, entertaining, or enjoying Florida living. The lawn is equipped with a sprinkler system, and the garage features a convenient utility sink. Best of all, there are NO HOA or association fees.
Located in Pasco County, IN A NON-FLOOD X ZONE, this home is less than one mile from the Pasco/Pinellas County line and just 2 miles from the famous Tarpon Springs Sponge Docks. Tarpon Springs was recently voted #1 Small Historic Town in the Nation by USA Today. Outdoor enthusiasts will love the close proximity to beautiful parks and recreation areas, including Anclote River Park (2.4 miles) with its beach, boat launch, fishing areas, and picnic pavilion; Anclote Gulf Park (3 miles) offering a fishing pier, playground, dog park, and birding trail; and Key Vista Nature Park (4 miles), a breathtaking 101-acre park with nature trails, boardwalks, observation tower, and fishing. Newly paved recreational trails also run nearby along Anclote Road through scenic wooded parks.
This charming, move-in-ready home delivers modern updates, no HOA restrictions, and an exceptional location close to nature, history, and waterfront fun.
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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%.
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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.
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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