8231 59TH WAY N
About This Property
Beautifully Updated 2BR Home with Pond View + 100%/Zero down payment Financing Available-making homeownership more affordable than ever. With the right offer seller may consider a rate buydown!
Move-in ready and fully updated, this charming 2-bedroom, 1-bath home w/ 1 car garage offers modern comfort in a peaceful setting. Located in central Pinellas Park, the home features an updated kitchen with granite countertops, stainless steel appliances, and newer cabinets.
Enjoy relaxing or entertaining in the spacious backyard with serene pond views - a rare find at this price point. Additional features include a dedicated laundry area, ample natural light, and a quiet street just minutes from shopping, dining, and the Gulf beaches.
Want more detail??? Here you go:
*Solar Panel Ready with brackets installed on roof
*Manicured front yard to include palms and a fountain
*Large window in the living room offering tremendous natural light
*Spacious backyard yard with lush landscaping, brick patio and a large tree for shade. Can fit a boat or RV
on the side yard
*Wood burning fireplace with updated beautiful tiles and custom wood mantle
*On a Pond full of turtles, bass and more
*Large Permitted shed with electricity - 2021
*New vinyl plank flooring
*Updated Kitchen to include a custom-made light fixture made from drift wood, white cabinets, stainless
steel refrigerator and stove, dishwasher, built in microwave, granite countertops
*Wired for surround sound
*Updated Roof - 2020
*Freshly painted ceiling, bathroom, baseboards, doors, windowsill
New wire shelving in the pantry
*Washer and Drying Included
*Pre Sale inspection conducted before listing the property, all items addressed before listing
*Updated windows
*Neighbor to the right is remodeling the home. We are told he is putting up and replacing the fence on that side of the property.
Don't miss this move-in ready gem in a convenient Pinellas location!
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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.
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About Pinellas Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017