46 KIPLING PLAZA
About This Property
Featuring 2 Bedrooms, 1.5 Baths, Bonus Room, Screened Lanai, 2 Garage and Oversized Carport. Thoughtfully remodeled this home shines with updates including new hardie board decorative wall panels, hurricane-impact windows, new doors, cabinets, appliances, tile flooring, and a tankless electric water heater, A/C, electrical panel and more. Tile flooring throughout keeps things cool and easy to maintain-no carpet here! Natural Gas is also available! Relax on the inviting large screened-in porch, the perfect spot to sip your morning coffee or unwind after a day in the sun. The oversized carport and detached two-car garage provide plenty of space for cars, beach gear, or even a golf cart. There's also a versatile bonus room ideal for a TV room or home office. The property is fully fenced with a gated driveway- perfect for privacy, pets, or simply enjoying your own private slice of paradise. Every improvement was properly permitted, giving peace of mind to the lucky new owner. This is the Clearwater Beach lifestyle you've been dreaming of, make it your beach home today!
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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 |
|---|---|---|---|
| Apr 10, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Price Decreased |
$649,999
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jan 9, 2026 | Price Decreased |
$675,000
↓ $24K
(3.4%) | |
| Price Decreased | |||
| Dec 10, 2025 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017