1508 16TH CIRCLE SE
About This Property
Currently the association is having a meeting almost every week; one week is the Board of Directors meeting and on the opposing weeks there is a Rebuild/Construction meeting to keep Homeowners informed. Check out www.NewHavenCOA.org for more info. The HOA fee covers expenses like Internet, Cable, Water, Sewer, Trash, flood insurance on the building & all exterior common areas. (no short term rentals allowed in New Haven)
And the Location is Fantastic..... 5 minutes to Largo Central Park, Library & Performing Arts! 10 minute car ride to Largo Mall, Largo Medical Center or FL Botanical Gardens. Less than 20 mins to St. Pete/Clearwater Airport, Sand Key or Clearwater Beach, and approx 35 minutes to Tampa airport.
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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 |
|---|---|---|---|
| Sep 16, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jul 1, 2025 | Listed by KELLER WILLIAMS REALTY PORTFOLIO COLLECTION | $120,000 | |
| Listed by KELLER WILLIAMS REALTY PORTFOLIO COLLECTION | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017