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1421 NORMANDY BOULEVARD
About This Property
There are three bedrooms, one and a half baths, a cheerful Florida room/den and a large screened-in back porch. The inside utility room has a back door to the privacy fenced backyard. All the walls are freshly painted and the updated kitchen is inviting, The Hot water tank is new and according to Pasco County permitting records, the roof was replace in 2023 . There are no HOA fees, plus according to the FEMA maps this property is in a Non-flood X Zone . The living area has 1268 sq feet and this could be just right size for you. The garage was converted to the 3rd bedroom.
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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 |
|---|---|---|---|
| Aug 31, 2026 | Listed by BHHS FLORIDA PROPERTIES GROUP | $257,900 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
| Jun 5, 2023 | Sold | ||
| Sold | |||
| Mar 26, 2023 | Listed by BHHS FLORIDA PROPERTIES GROUP | $250,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
| Sep 6, 2016 | Sold | ||
| Sold | |||
| Mar 23, 2016 | Sold | ||
| Sold | |||
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About Holiday Lake Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017