6471 109TH TERRACE N
About This Property
The kitchen is a true showstopper ~ completely renovated in January 2025, it features a spacious island, granite countertops, soft-close cabinetry, a farmhouse sink positioned perfectly beneath a sunny window and Bluetooth-connected, stainless steel appliances. Whether you're preparing meals or entertaining guests, this kitchen has everything you need. The thoughtful upgrades continue throughout the home with all-new interior doors, sleek hardware, 5¼ inch baseboards, new blinds and fresh paint. Both bathrooms are fully remodeled and each bedroom includes a custom closet storage system, maximizing space and adding convenience. You'll also appreciate the hurricane-rated windows and the slider, ensuring both safety and energy efficiency.
Major systems have been addressed, giving you added confidence in your purchase: a full A/C system replacement (December 2022), tankless water heater (2016), new electrical (November 2024), updated plumbing (December 2024) and a freshly painted garage complete with storage racks (2025), and roof (2013).
Step outside to your completely fenced-in backyard, where entertaining is easy, relaxing and effortless. An extended patio, firepit, grill and sink area, string lights and seating space create a charming outdoor retreat. Curb appeal shines with fresh mulch and low-maintenance landscaping.
Insurance costs are already budget-friendly, with a current homeowner's policy at $2,445/year and flood insurance at $1,732/year. Located in a prime, centralized location with easy access to I-275, this home puts you close to everything. You're just 10–15 miles from the stunning Pinellas County beaches, 5 miles from Clearwater/St. Pete Airport and 16 miles from Tampa International Airport. Enjoy nearby golf at Bardmoor Golf & Tennis Club, Cove Cay, or Mainlands, and take advantage of parks, community centers and fun activities like go-karting or skating at the Clearwater Ice Arena. With Downtown St. Pete, Safety Harbor, and Tampa all just a short drive away, this location truly delivers.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Price Decreased |
$349,000
↓ $7K
(1.9%) | |
| Price Decreased | |||
| Jun 6, 2025 | Price Decreased |
$355,900
↓ $29K
(7.6%) | |
| Price Decreased | |||
| May 20, 2025 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $385,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017