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2135 WATERVIEW DRIVE
About This Property
There is a dining room with hutch, to store your favorite dinnerware, as well as knick knacks. The home has mostly laminated and vinyl floors, with parquet in the kitchen and tile in the baths. The kitchen has all appliances, including dishwasher and microwave. The backsplash is tiled, and the home has a double kitchen sink. There is a large pass-thru from the kitchen to the breakfast bar. The main bath is updated is en-suite in the main bedroom and has a walk-in shower. The hall bath is a tub shower combo with newer tile shower surround and is generally updated. The home has ceiling fans in the main home. The bedrooms in this home are larger. The large shed has plenty of storage, as well as the washer and dryer.
Out back, by the lake is a beautiful concrete patio, and a large shade tree, waiting for you and your guests to enjoy. Whether it's boating, fishing, sunbathing or barbecuing this place is waterfront living at its finest. Outside the home has metal storm shutters to cover the windows. At the lakes edge is a newly installed seawall. The home has a metal roof over, age unknown. The home's exterior has vinyl siding and an enclosed Florida Room at the rear, with great lake views. Florida room is a perfect spot for morning coffee or an evening drink. Golf carts and motorcycles welcome. Very private and peacefully tucked in off US 19 but yet so close to everything. Easy drive to some of Florida most beautiful beaches, parks, restaurants and shopping. Also, with easy commute to Tarpon Springs. Community offers a heated pool all year round, active clubhouse with year around events, shuffleboard, boat ramp, fishing pier and much more.
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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 |
|---|---|---|---|
| Jun 11, 2026 | Sold | ||
| Sold | |||
| May 24, 2026 | In contract | - | |
| In contract | |||
| Apr 22, 2026 | Price Decreased |
$139,900
↓ $10K
(6.7%) | |
| Price Decreased | |||
| Mar 5, 2026 | Price Decreased |
$150,000
↓ $10K
(6.3%) | |
| Price Decreased | |||
| Dec 2, 2025 | Listed by SELECT REAL ESTATE OF PINELLAS | $160,000 | |
| Listed by SELECT REAL ESTATE OF PINELLAS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017