509 7th AVENUE NE
About This Property
The kitchen stands out as the most updated part of the home, featuring beautiful granite countertops and cherry-finished wood cabinetry, providing a modern and functional space to inspire your culinary adventures. Each of the three bedrooms offers ample space and potential, with the primary suite featuring an en-suite bathroom for added convenience. The primary suite also leads out to the screened in patio and spacious backyard. The second bathroom is centrally located, serving the additional bedrooms and guests.
Situated in a central location in Pinellas County, this home is close to the Pinellas County Trail, offering easy access for outdoor activities. The property is conveniently less than 30 minutes to Tampa International Airport and under 15 minutes to Clearwater/St. Pete Airport. For those seeking city life, both Tampa and St. Petersburg are approximately 30 minutes away to take in their vibrant downtown areas, providing a wealth of dining, shopping, and entertainment options.
Outdoor enthusiasts will appreciate the proximity to beautiful beaches, perfect for weekend getaways and daily adventures. The attached garage provides additional storage and parking, enhancing the practicality of this home.
With its prime location and the opportunity to add your personal touch, this home is an ideal canvas for creating a personalized haven close to some of Florida's most desirable beaches. Don't miss the chance to transform this house into your perfect home.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017