647 Forest Glen ROAD
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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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | In contract | - | |
| In contract | |||
| Mar 26, 2024 | Listed by THE SHOP REAL ESTATE CO. | $525,000 | |
| Listed by THE SHOP REAL ESTATE CO. | |||
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***Multiple offers received. Highest and best due by 7pm on 3/31.*** Welcome home to this delightful, mid century modern residence nestled in the serene and desirable Hillcrest Estates in unincorporated Pinellas County! As you approach you'll be greeted by a picturesque tree-lined street and mature landscaping, creating a serene and inviting atmosphere. The exterior features a NEW ROOF, NEW IMPACT WINDOWS, NEW AC, NEW VINYL FENCE, NEW LANDSCAPING, and NEW PLUMBING ensuring not only enhanced curb appeal but also improved energy efficiency and durability. Boasting a range of recent upgrades and a prime location near amenities, this home offers the perfect blend of comfort and convenience. Step inside to discover a well-maintained interior with a newly upgraded electrical panel, new refrigerator, and new double ovens as well as solid wood kitchen cabinets offering peace of mind and modern functionality. And yes, there are tastefully designed terrazzo floors under the carpet! The layout is spacious and open and includes 3 bedrooms, and 2 bathrooms-one of which is an en suite, providing ample space for relaxation and everyday living. Situated on a generous 1/3 acre lot, this property provides plenty of space for outdoor activities and even has room for a pool, making it perfect for those who love to entertain or simply enjoy the Florida sunshine in privacy. It also offers room for parking a boat or multiple vehicles, catering to the needs of outdoor enthusiasts and homeowners with multiple toys. Located near the Phillies stadium and US HWY 19, this home offers excellent accessibility to entertainment venues, dining options, shopping centers, and major transportation routes. Whether you're a sports enthusiast, enjoy outdoor activities, or prefer a vibrant city lifestyle, this location has something to offer everyone. Don't miss out on the opportunity to make this charming Clearwater home your own. Schedule a showing today and experience the comfort and convenience it has to offer firsthand!
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| Dec 3, 2021 | Sold | ||
| Sold | |||
| Oct 14, 2021 | Listed by RE/MAX REALTEC GROUP INC | $385,000 | |
| Listed by RE/MAX REALTEC GROUP INC | |||
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About Clearwater
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017