511 Virginia LANE
About This Property
The backyard is expansive, yet private, with no neighbors directly behind it and deep enough for a pool. Enjoy the upgrades the owner has put in, such as: new PVC fence with gate on each side of the home, 2 in. window blinds throughout, permitted new yard irrigation system, tiled back porch with treated wooden railing. and a 1 year old refrigerator. This new home has NO HOA, or the restrictions that come with them.
The location is supreme and just a short drive to Pinellas Counties west coast beaches, Tampa International Airport, and US-19 and Interstate highways. The home is on a quiet culdesac, yet a short walk out to all the commercial activities. Owner changes mind of relocation and put this highly invested gem for sale. If you are looking for a newer built home in the area, this is your chance. Come make this house your own.
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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%.
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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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 18, 2024 | Listed by CELTIC REALTY | $635,000 | |
| Listed by CELTIC REALTY | |||
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Welcome home to this virtually new construction. This spacious 4 bedroom home is a mid-2021 build, with all of the modern touches and conveniences. NO HOA, or the restrictions that come with them. Centrally located for easy access is conveniently located in the heart of Clearwater and just a short easy drive to the famous Clearwater Beach. The home is on a quiet cul-de-sac, walkable to many commercial and dining activities. 511 Virginia Lane has high ceilings, 4 bedrooms, three full bathrooms, including a wonderful primary bath with a soaking tub and a walk in shower with rainhead. Primary bedroom features a frayed ceiling with crown moulding and a spacious walk-in closet. The two car garage is spacious with plenty of extra storage room., The home is built as block on slab construction with Stucco exterior finishes for lower maintenance. Wood cabinets, granite countertops, luxury vinyl flooring are used throughout, and features energy efficient windows and doors with 2 inch blinds on all windows. The house has lots of natural light and features and open concept for the kitchen, dining and great room. The large backyard features stone walkways and spaces for eating and gathering, and has been landscaped with low maintenance in mind. There is plenty of space for a pool if you wanted to add that for family fun! There are no neighbors behind you giving you a little extra bit of privacy. PVC fencing with gates on either side of the house and fence on the rear of the yard. The yard also offers an irrigation system. The location is central to many of the areas beaches and just a short drive to Tampa International Airport, and US-19 and Interstate highways. Come make this house your new home!
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| Jan 27, 2023 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by DALTON WADE INC | $610,000 | |
| Listed by DALTON WADE INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017