1980 Valencia WAY
About This Property
Step outside and enjoy the covered front porch, a perfect spot to unwind and enjoy your morning coffee or evening breeze. The generously sized backyard boasts a paver patio and shade trees, where you can feel and enjoy the Gulf breeze, offers a lot of outdoor family fun and relaxation. This fabulous house is a Commuter's delight, close to everything. It puts you just 6.5 miles from the stunning Belleair Beach and only 4 miles from Clearwater International Airport. With close proximity from award winning Gulf Beaches you can feel the vibe of these entertaining places. The home is conveniently located in South Clearwater near plenty of popular destinations and restaurants. A perfect home, in the perfect location that offers the BEST of Florida living at its finest. One of the many advantages of this property is that it is not currently in a flood zone. ALL YOU NEED TO DO IS MOVE IN AND ENJOY IT.
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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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Price Decreased |
$484,700
↓ $10K
(2%) | |
| Price Decreased | |||
| May 30, 2024 | Listed by CHARLES RUTENBERG REALTY INC | $494,800 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
| Apr 24, 2024 | Sold | ||
| Sold | |||
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About Largo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017