568 TRADE WINDS DRIVE
About This Property
The neighborhood is already witnessing a significant transformation, with multiple new-construction luxury homes rising on nearby lots, ensuring your investment is supported by a rapidly appreciating, modernizing streetscape.
From this location you are minutes away from every major local attraction:
Downtown Dunedin: A short golf cart or bike ride away, featuring award-winning craft breweries, boutique shopping, and a world-class culinary scene. Honeymoon Island State Park: Drive just minutes to the Dunedin Causeway to enjoy the pristine white sands and famous sunsets of Florida's #1 state park.
The Pinellas Trail: Located just steps from your front door, this 45-mile paved trail is perfect for cycling, jogging, and exploring the county from Tarpon Springs to St. Pete.
Boater's Paradise: Extremely close to local marinas and dry boat storage, offering easy access to the Gulf of Mexico and Caladesi Island.
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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