724 Litchfield LANE
About This Property
Discover a great opportunity in one of Dunedin's most sought-after neighborhoods. This 1989-built home on a generous .25+ acre lot in exclusive Weathersfield offers ample space for family living and entertaining. With a private pool, a 3-car garage, a separate workshop, and more, this home has been well-loved and is ready for a new family's personal touch.
Key features include an open-concept living area with cathedral ceilings, a split floor plan with a primary suite on one end and an additional three bedrooms and a full bathroom on the other, a wrap-around layout with sliding doors to the pool area, a windowed laundry room, a large utility/workshop, and a fully fenced yard with mature oak trees and room for many outdoor activities.
Recent updates include the roof (2016), water heater (2020), pool pump (2023), and professional tree trimming (2024).
Conveniently located just 30 minutes from Tampa International Airport, 10 minutes from Dunedin Marina, and under 10 minutes from Dunedin's bike-friendly downtown and the 45-mile paved Fred Marquis Pinellas Trail.
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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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | Price Decreased |
$675,000
↓ $18K
(2.6%) | |
| Price Decreased | |||
| Sep 28, 2024 | Relisted | $693,000 | |
| Relisted | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017