435 3RD STREET NW
About This Property
Income Generator: Rent it out to substantially offset your mortgage, turning your residence into a high-performing asset.
Multi-Generational Living: A private, comfortable Mother-in-Law suite. Perfect Guest or 3rd Bedroom Suite (with existing third bedroom usage). Worry-Free Ownership & Premium Upgrades: Enjoy total peace of mind thanks to significant, recent capital expenditures. Major updates include a New Roof (2024), plus practically new systems with receipts for installation within the last five years, covering the A.C. unit, gas hot water heater, all new flooring, sprinklers, and water softener. Live the Florida dream with convenience! The home features an inside laundry area, common area in the rear, and a huge, private fenced-in yard with a large storage shed. You'll be within walking distance of newly revitalized downtown Largo with tons of activities and shops, and just 3 miles to the beach. This is the move-in-ready, possible income-generating home you've been waiting for. The price has been adjusted for immediate attention and a quick sale-don't miss out on this opportunity to have INSTANT EQUITY! Hit the bullseye and make it yours NOW!
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Cap Rate Calculator
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 24, 2026 | Sold | ||
| Sold | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Relisted | $329,900 | |
| Relisted | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Price Decreased |
$349,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017