1
Map
$459,900
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House -
For Sale
12431 MONARCH CIRCLE
SEMINOLE, FL 33772
4 Beds
2 Baths
1,630 Ft²
$2,750
Est. Monthly
7.59%
Cap Rate
About This Property
This HANDYMAN SPECIAL is perfect for investors or DIY enthusiasts
looking to add value. High and Dry NO FLOOD ZONE! The kitchen,
dining, and living areas have been beautifully updated, and the
rest of the home is ready for your personal touch. The fully
remodeled kitchen features new quartz countertops, new cabinets,
and new ceramic plank flooring, which extends into the dining and
living areas. The home also has a newer gas water heater, an AC
unit from 2023, and solar panels with an assumable lease. The roof
is 2006. The bathrooms need full remodeling, and the home requires
interior and exterior paint. It will also need new doors
throughout, and new flooring upstairs in the all the bedrooms and
on the staircase. Original awning windows. The solar panels have an
assumable lease. This property would make a great rental, with its
prime location just five minutes from the beach, in a good school
district, and close to shopping. Don't miss the opportunity to make
this home into a fantastic rental investment, or an ideal flip, or
an excellent primary residence in a good neighborhood.
Unit Size
1,630 Ft²
Days on Market
571 days
Land Size
0.17 acres
Price per sqft
$282
Property Type
House
Property Taxes
$491
HOA Dues
-
Year Built
1973
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (Stellar MLS #TB8368448)
Price History
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Primary Bedroom Main Floor, Solid Surface Counters
Appliances: Range, Refrigerator
Flooring Type: Carpet, Ceramic Tile
Laundry Features: In Garage
Rooms: 9
Exterior Details
Square Footage: 1630
Square Footage Source: $0
Property Condition: Fixer
Year Built: 1973
Building Area Total: 2217
Levels: Two
Building Area Units: Square Feet
Construction Materials: Block
Lot Size Area: 7614
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7614
Lot Size Dimensions: 70 x 108
Tax Lot: 41
Water Source: Public
Financial Details
Tax Annual Amount: $5,892
Lease Considered: Yes
Utilities Details
Cooling Type: Central Air
Heating Type: Heat Pump
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Boca Ciega Ridge
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Listed by: Scott Turner
KELLER WILLIAMS ST PETE REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8368448
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
KELLER WILLIAMS ST PETE REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8368448
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017