12966 115TH STREET
About This Property
Step inside to discover a bright, open-concept living space featuring an updated kitchen and living room designed for both relaxing and entertaining. The kitchen boasts sleek quartz countertops, stainless steel appliances, and new luxury vinyl flooring that flows seamlessly throughout the main areas. The desirable split-bedroom floor plan provides added privacy, with a spacious primary suite featuring dual sinks, quartz countertops, and a beautifully tiled walk-in shower. Enjoy Florida living at its finest in your private backyard oasis, complete with a heated pool, which is perfect for year-round enjoyment. Additional highlights include an attached garage, dedicated laundry room, and thoughtful updates throughout.
Location is everything, and this home delivers! It's just about 10 minutes from the stunning Gulf beaches of Indian Rocks Beach and a little over 20 minutes to St. Pete-Clearwater International Airport, making travel and beach days effortless.
Currently operating as a successful short-term rental, this home is being sold completely furnished, making it a turnkey opportunity for investors or those seeking a fully equipped vacation home.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Relisted | $570,000 | |
| Relisted | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 23, 2026 | Price Decreased |
$565,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 27, 2026 | Price Decreased |
$570,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| May 18, 2026 | Price Decreased |
$575,000
↓ $4K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017