1475 VIEWTOP DRIVE
About This Property
Imagine living in a space that blends comfort with luxury-featuring an open floor plan, soaring ceilings with exposed beams, a cozy wood-burning fireplace, and a stunning kitchen with quartz countertops and gold marble accents. The private pool and jacuzzi are perfect for relaxing evenings or fun gatherings with friends and family. Located just minutes from Clearwater Beach, top parks, shopping, and dining, this home offers the best of Clearwater living right at your doorstep. All the major updates have been done, so all you need to do is move in and enjoy.
This home is a turnkey opportunity for savvy investors. With its prime location near Clearwater Beach and popular attractions, it's perfectly positioned to attract vacationers year-round. The stylish interiors, private pool area, and proximity to outdoor parks make it a guest favorite. Recent upgrades, including a new roof, AC, and double-pane windows, mean lower maintenance costs and a ready-to-rent property that can start generating income from day one.
Whether you're looking to settle down in a beautiful home or capitalize on Clearwater's thriving short-term rental market, this property delivers on all fronts. Enjoy the flexibility to make it your home or a lucrative investment-either way, it's a win! Seller had $91,267 in gross revenue in 2023-2024 year. Income breakdown available upon request.
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Oct 29, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by MANGROVE BAY REALTY LLC | $584,000 | |
| Listed by MANGROVE BAY REALTY LLC | |||
| Jul 26, 2022 | Sold | ||
| Sold | |||
| May 31, 2022 | Listed by MANGROVE BAY REALTY LLC | $565,000 | |
| Listed by MANGROVE BAY REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017