2499 INDIGO DRIVE
About This Property
Investors and Handyman SPECIAL! House needs a new roof and foundation stabilization.
The house has been remodeled in the past few years with a brand-new kitchen, all new appliances, both bathrooms are completely remodeled. New flooring throughout, new light fixtures, fans and more!
Conveniently located, there is a separate laundry room with sink and ample cabinet storage. Spacious Florida Room and oversized screened patio are overlooking the preserve, extend the living space, and lead to a tranquil, nice sized and fenced back yard. New shed installed for extra storage. Oversized one car garage comes with great parking space in the driveway that's three cars wide.
The Florida room is completely enclosed and is air conditioned and adds additional 350 sq. ft in living space in addition to the 1305 sq ft in public records, so the house is actually bigger than you may think - it looks and feels really open and spacious!
The best location! Highly sought-after Greenbriar community. HOA offers a clubhouse with fitness room, a large community pool, library and more. This home is very close to shopping and restaurants, with Countryside shopping mall just a few minutes away. The home is conveniently located in close proximity to both Clearwater Beach and Honeymoon Island and is just a few minutes from Historic Downtown Dunedin! Florida living at its finest!
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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 14, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 5, 2025 | Price Decreased |
$295,000
↓ $80K
(21.3%) | |
| Price Decreased | |||
| Feb 7, 2025 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
| Jan 26, 2025 | Price Decreased |
$400,000
↓ $59K
(12.9%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017