1975 VALLEY DRIVE
About This Property
As you step inside, take in the view through the large picture windows overlooking the sparkling pool, fenced-in backyard with a fabulous garden that your neighbors will envy. The kitchen has just received a makeover with brand-new cabinets and countertops, and easy-care luxury vinyl floors which extend through the main living areas. Plantation shutters are installed throughout for an elegant feel.
But that's just the start-there's a new roof installed in March 2025, a new water softener (2025), attic insulation (2024), an updated HVAC from 2021, ductwork (2023), a water heater (2017), two new windows (2023), upgraded epoxy garage floor, and a Generac Power Inlet box for generator hookup. Plus, you get a six-zone irrigation system (2020) to keep all the landscaping looking great.
Out back, relax by your screened-in pool with a waterfall for that resort vibe, all surrounded by a garden that has been lovingly cared for through the years. You'll be walking distance from the Dunedin Community and Fine Arts Center, with Downtown Dunedin, shopping, restaurants, and the Pinellas Trail all close by. And if you love the beach, Honeymoon Island State Park-famous for its gorgeous beaches and nature trails-is just a quick drive or bike ride away. This house really gives you a taste of everything that makes Dunedin such a special place to call 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 30, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$572,000
↓ $28K
(4.7%) | |
| Price Decreased | |||
| Jul 4, 2025 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $599,900 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017