631 LAKE FOREST ROAD
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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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 16, 2024 | Relisted | $545,000 | |
| Relisted | |||
| Sep 15, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by BREMER-BJURQUIST INC REALTY | $545,000 | |
| Listed by BREMER-BJURQUIST INC REALTY | |||
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Ahhh... this is the home you have been waiting for - the one that gives you the warm and fuzzies when you walk in the door. This lovely split-plan pool home is located in the lush and desirable neighborhood of Hillcrest Estates. As you enter the community you will be welcomed with beautiful mature trees creating a feeling of peace and tranquility. This 3 bedroom, 2 full bath, 2 car garage home has lots of updates! The exterior has a new roof, exterior paint and front landscaping in 2024. Also in 2024, the interior has 2 completely remodeled bathrooms, freshly painted walls, new 6-panel doors, new dishwasher and newly installed impact windows in guest rooms and garage. Other newer items include a new pool patio fan (2024), refrigerator (2023) and a hot water tank (2022). (Ask your agent for the Notable Items list in the MLS for additional features this home has to offer.) The updated kitchen has wood cabinets and granite counter tops. The kitchen opens to a large family room and the living/dining area - it's right in the heart of the home. No HOA, deed restrictions, flood insurance or CDD. This home is conveniently located so close to so many good things! A multitude of dining options, all kinds of shopping, Downtown Dunedin, Downtown Safety Harbor, golfing, disc golf, go-carting, the entertainment venues of Ruth Eckerd Hall, The Capital Theatre & The Sound, Clearwater Beach, Honeymoon Island & Caladesi Island State Parks are all nearby. You can even walk to the Phillies stadium! TIA & Clearwater/St Pete airport are close as well. And there is so much more to mention! Or you can stay at home and relax by the screened in pool. Please come see this wonderful home today!
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About Clearwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017