1632 RIDGE TOP WAY
About This Property
Nestled on nearly ¼ acre in the highly desirable Coachman Ridge neighborhood, this 3-bedroom, 2-bath pool home with a 2-car garage offers the ideal combination of comfort, functionality, and Florida charm-all located in a no-flood zone, meaning no flood insurance required.
Inside, the split floor plan provides privacy and practicality, with a spacious master suite on one side and two additional bedrooms with a full bath on the other. The central living area features an inviting family room with vaulted ceilings and a wood-burning fireplace, perfect for cozy evenings or casual entertaining.
The kitchen is well-appointed with stainless steel appliances and overlooks the backyard and pool. A pass-through window adds convenience for serving food and drinks to the screened-in pool and patio area, ideal for gatherings or relaxing afternoons. The covered lanai offers shelter from sun and rain, extending your outdoor living space year-round.
Step into the private backyard oasis, complete with a vibrant butterfly garden, open lawn space for play, and side-yard storage spacious enough for a boat, jet skis, or other recreational toys.
Coachman Ridge is one of Clearwater's most established communities, offering tree-lined streets, access to Coachman Ridge Park, the Ream Wilson Trail, and close proximity to BayCare Ballpark, home of Phillies spring training and the Clearwater Threshers. You'll enjoy quick access to US-19, McMullen Booth Road, and SR 60, placing Clearwater Beach, Tampa, and St. Pete all within easy reach.
Don't miss your opportunity to own a beautifully maintained home in a central location where lifestyle, nature, and convenience meet.
Schedule your private showing and make this your next 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.
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About Chman Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017