521 Spring Lake CIRCLE
About This Property
On the first floor, you will see the kitchen complete with breakfast bar & all stainless steel appliances. You will also see the ½ bath, perfect for your house guests. There is a door leading out to the garage as well. Walking further into the townhome, you will enter a spacious open living room & dining layout with sliding glass doors out to the back. Upstairs are all three bedrooms and the dedicated laundry room – all located conveniently on the second floor.
This townhome is pretty amazing but you also get a marvelous community along with it. It has plenty of amenities such as a large swimming pool, fishing pier, and access to the Pinellas Trail right out the front gate for those who love to walk, jog, run, cycle, or skate!
The location is superb. Nearby are multiple Florida Gulf front beaches, great shopping and a lot of dining options. Historic downtown Tarpon Springs minutes away and the convenience US 19 in close proximity. Tarpon Springs is a highly desirable location in itself and this community is located where there is also a straight route to Tampa. Run, don't walk to see this beautiful townhome!
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/07/2022
| |
3 Bed
|
3 Bath
|
1759 ft²
|
$364,900
3 Bed
3 Bath
1759 ft²
|
$350,000
-4.08%
09/13/2022
|
Petros Koulianos
COLDWELL BANKER REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017