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Dunedin 34698
616 Lexington STREET
$402,500
● House - Off Market

616 Lexington STREET

DUNEDIN, FL 34698
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,336 Ft²
$467,900
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Beautifully updated 4 Bedroom, 2 full bath located just a few minutes from charming Downtown Dunedin! Enjoy the openness and of the great room that carries into the updated kitchen which features wooden cabinetry and stainless appliances. The large backyard offers privacy and lots of potential to make it customize it the way you want. There is also a storage shed in the backyard to securely store your garden tools, bicycles, etc. HVAC system was installed in 2019. Close to the many restaurants and breweries of Downtown Dunedin, TD Ballpark (Spring Training for the Toronto Blue Jays), and a short drive to Honeymoon Island's beaches.
Unit Size
1,336 Ft²
Days on Market
17 days
Land Size
0.19 acres
Price per sqft
$299
Property Type
House
Property Taxes
$254
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #U8125783)

Price History

Date / Event Date Event Price
Jun 23, 2021 Sold
Premium
Sold
Jun 4, 2021 Listed by RE/MAX PREFERRED $399,900
Listed by RE/MAX PREFERRED
May 15, 2020 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 25
  • Exterior Walls Type: 23
  • Interior Walls Type: 16
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,080
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,336
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DOROMA PARK 1ST ADD
  • Land Acres: 0000000186
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: DOROMA PARK 1ST ADD LOT 4

Neighborhood

  • School District Name: Pinellas County School District
  • Census Tract: 027000

Geography

  • Assessors Map Reference: 70
  • Account Number: R371708
  • District: DN
  • Subdivision Tract Number: 21960
  • Parcel: 34-28-15-21960-000-0040
  • Lot: 4
  • Meridian: SEC 34 TWN 28S RNG 15E
  • Municipality: DUNEDIN
  • Latitude: 28.001
  • Longitude: -82.7825

    Address

  • Full Address: 616 Lexington St
  • Address - House Number: 616
  • Address - Street Name: Lexington
  • Address - Suffix Type: St
  • State: FL
  • City Name: Dunedin
  • Carrier Code: C005
  • 4-Digit Zip Code: 8405
  • Zip Code: 34698

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $497,345
  • Tax Rate Code Area: DN

    Appraisal Valuation

  • Standard Deviation: 0.2048
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 501,359
  • High Value: 604,058
  • Low Value: 398,661

    Market Valuation

  • Market Total Value: $281,916
  • Market Land Value: $164,678
  • Market Improvement Value: $117,238

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $281,916
  • Assessed Land Value: $164,678
  • Assessed Improvements Value: $117,238

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021208329
  • Previous Sale Recording Date: May 15, 2020
  • Previous Sale Contract Date: May 13, 2020
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Dunedin

Stats & Trends

Median Asking:

$449,500

Sale Price/ft²

$316

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1547 ft²

Average Home Age

49.4 years

Currently For Sale

241 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 832 Lantern Way, CLEARWATER, FL, 33765

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,045 ft²
832 Lantern Way #832, CLEARWATER, FL, 33765 Listing by Mary Ann Brousseau
Unit for rent at 1639 Summit Way, DUNEDIN, FL, 34698

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,877 ft²
1639 Summit Way, DUNEDIN, FL, 34698 Listing by Adam Leinwand

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Mike Collins
RE/MAX PREFERRED
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8125783
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 616 Lexington Street built and last sold?
The property at 616 Lexington Street was built in 1956 and last sold on Jun 21, 2021 for $402,500.
How much is this home worth?
The estimated value of the home located at 616 Lexington Street is $0.
What are some comparable homes to 616 Lexington Street?
There are currently no comparable homes to 616 Lexington Street.
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