1511 Douglas AVENUE
About This Property
This meticulously remodeled 3-bedroom, 2-bath home underwent a complete renovation in 2020. Step inside to find a welcoming open floor plan adorned with neutral laminate flooring in the living and kitchen area. As you approach the front of the house, you'll be greeted by a majestic Oak tree providing shade to the front yard, along with a spacious driveway. Upon entering, you'll be captivated by the open layout and the beautifully updated kitchen. Featuring granite countertops, white shaker cabinets, and stainless steel appliances, it's a chef's dream. On the north side of the home, you'll find two generously sized bedrooms and a fully updated bathroom. From the kitchen, a step-down leads you to an open dining area that can also serve as a bonus space, flexible room, or office. This area encompasses the third bedroom, a large storage closet, a second full bathroom, and a spacious interior laundry room. Access to the rear screened lanai awaits, overlooking the expansive fenced backyard that offers ample space for a pool and more. Important updates include complete re-plumbing in 2022 and a roof that is approximately 7 years old. This home is conveniently located within walking distance to the Pinellas Trail, American Legion post 275, Eddie's Bar and Grill, Marker 8 Hammock Park, and several other waterfront parks, providing perfect spots to enjoy breathtaking sunsets year-round.Embrace the leisurely lifestyle of Dunedin by golf carting or biking to the charming downtown area, where an abundance of restaurants, breweries, shops, festivals, and events await. Rest assured, this property is not located in a flood zone. Don't miss the opportunity to make this exceptional Dunedin home yours. Schedule your showing today and embark on a new chapter in Dunedin living.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017