2488 Del Rio WAY
About This Property
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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 18, 2025 | Price Decreased |
$539,000
↓ $30K
(5.3%) | |
| Price Decreased | |||
| May 24, 2025 | Price Decreased |
$569,000
↓ $30K
(5%) | |
| Price Decreased | |||
| Apr 3, 2025 | Listed | $599,000 | |
| Listed | |||
| | |||
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***Value added with an additional $30k price reduction and currently under the Group Policy for NFIP for flood insurance and its transferable!!!*** Delightful Dunedin Living Near the Coast!
Welcome to your own slice of paradise in Delightful Dunedin! Nestled just minutes from the Dunedin Causeway, Honeymoon Island, and the breathtaking Caladesi Beach, this home is the perfect blend of tropical charm and modern retro style.
From the moment you arrive, the lush, tropical curb appeal invites you in. Step inside to a bright and airy space that instantly feels like home. The kitchen is a showstopper, featuring stunning stone countertops, white shaker cabinets with elegant brass hardware, and a matching kitchen faucet that ties it all together. The open-concept design flows seamlessly into the living room, then into the dining area, where rustic wood ceilings and exposed beams add warmth and character.
The split floor plan ensures privacy, with the primary bedroom tucked away on one side and the secondary bedrooms on the other. Both bathrooms have been beautifully updated with a cohesive color palette that enhances the home’s charm. Even the laundry room is a standout—so stylish and functional, you might actually look forward to laundry day!
Outside, the backyard is a low-maintenance retreat with turf, perfect for enjoying the Florida sunshine without the hassle of upkeep. And with downtown Dunedin just minutes away, you’ll have easy access to fantastic restaurants, breweries, boutique shops, and vibrant community events.
Don’t miss this opportunity to own a piece of Delightful Dunedin! Schedule your showing today!
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| Dec 18, 2023 | Sold | ||
| Sold | |||
| Nov 19, 2023 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017