513 Gilbert STREET
About This Property
kitchen or cool the home using outdoor air. Enjoy extended living and dining under the screened in porch at the back of the home. Step out further onto the deck and relax in the spa/jacuzzi and rinse off using the outdoor shower. Fenced in backyard has both a shed and a fixed storage building, and fire pit. There are multiple possibilities for this backyard and plenty of room for recreational vehicles with several access points. Flat asphalt rolled roof is only 2 years old. Exterior aluminum siding was painted in 2020 and trim painted in 2024. Property has two driveways and is directly across from the Landings Golf Course allowing you to enjoy your free time close to home. This is truly ease of ownership just 3 miles from the vibrant shops and restaurants in Downtown Clearwater. Visit the amazing Clearwater Aquarium or check out a festival in Coachman Park-there is so much to do here!
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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 31, 2024 | Sold | ||
| Sold | |||
| Jul 8, 2024 | In contract | - | |
| In contract | |||
| Jun 18, 2024 | Price Decreased |
$399,999
↓ $15K
(3.6%) | |
| Price Decreased | |||
| Jun 6, 2024 | Price Decreased |
$415,000
↓ $4K
(1%) | |
| Price Decreased | |||
| May 21, 2024 | Price Decreased |
$419,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017