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Pinellas Park 33781
8395 56th WAY N
$315,000
● House - Off Market

8395 56th WAY N

PINELLAS PARK, FL 33781
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,611 Ft²
$1,880
Est. Monthly
9.60%
Cap Rate

About This Property

Florida Room, is an ideal space for a family room, craft room, lovely view of the back fenced in yard. There is even a fire pit waiting for you in the spacious fenced back yard. The terrazzo floors have been cleaned and polished. Bath has newer tile in the tub enclosure and around the sink area. Kitchen boasts lots of pantry storage and a pass through from the kitchen to the Florida Room. All of the windows have blinds. This home is very spacious with an inside utility room, private backyard for entertaining, and super clean and well cared for.
Unit Size
1,611 Ft²
Days on Market
75 days
Land Size
0.16 acres
Price per sqft
$205
Property Type
House
Property Taxes
$259
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #U8221538)

Price History

Date / Event Date Event Price
Feb 16, 2024 Sold
Premium
Sold
Jan 9, 2024 In contract -
In contract
Nov 29, 2023 Listed by CENTURY 21 RE CHAMPIONS $330,000
Listed by CENTURY 21 RE CHAMPIONS
Oct 21, 2009 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 16
  • Roof Shape Type: 7
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,061
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,611
  • Gross Building Area: 1,611
  • Building Area: 1,335
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,335
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HARMONY HEIGHTS SEC 4
  • Land Acres: 0000000162
  • Standard Land Use Code: 1001
  • County Land Use Code: 0110
  • State Land Use Code: 001
  • Legal Description 1: HARMONY HEIGHTS SEC 4 BLK Q, LOT 5

Neighborhood

  • School District Name: Pinellas County School District
  • School Tax School District: 0016
  • Census Tract: 024906

Geography

  • Assessors Map Reference: 197
  • Account Number: R306102
  • District: PPW
  • Subdivision Tract Number: 36792
  • Parcel: 28-30-16-36792-017-0050
  • Block: Q
  • Lot: 5
  • Meridian: SEC 28 TWN 30S RNG 16E
  • Municipality: PINELLAS PARK, PIN PK WTR MGT
  • Latitude: 27.8484
  • Longitude: -82.7106

    Address

  • Full Address: 8395 56th Way N
  • Address - House Number: 8395
  • Street Segment Direction: N
  • Address - Street Name: 56th
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Pinellas Park
  • Carrier Code: C007
  • 4-Digit Zip Code: 1416
  • Zip Code: 33781

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $311,328
  • Tax Rate Code Area: PPW

    Appraisal Valuation

  • Standard Deviation: 0.0865
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 93
  • Final Value: 325,355
  • High Value: 353,518
  • Low Value: 297,191

    Market Valuation

  • Market Total Value: $175,898
  • Market Land Value: $118,244
  • Market Improvement Value: $57,654

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $175,898
  • Assessed Land Value: $118,244
  • Assessed Improvements Value: $57,654

    Sales

  • Current Sale Contract Date: Feb 12, 2024
  • Current Sale Recording Date: Feb 16, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 39273
  • Previous Sale Recording Date: Oct 21, 2009
  • Previous Sale Contract Date: Sep 25, 2009
  • Previous Sale Amount: $41,700
  • Previous Sale Document Type: 40
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Pinellas Park

Stats & Trends

Median Asking:

$329,000

Sale Price/ft²

$256

Below Asking

0.03%

Average Days on Market

67

Average Home Size

1388 ft²

Average Home Age

47.7 years

Currently For Sale

253 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 8915 59th Way N, PINELLAS PARK, FL, 33782

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,083 ft²
8915 59th Way N, PINELLAS PARK, FL, 33782 Listing by Timothy Gamble

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Deborah Sundell
CENTURY 21 RE CHAMPIONS
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8221538
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 8395 56th Way North built and last sold?
The property at 8395 56th Way North was built in 1959 and last sold on Feb 12, 2024 for $315,000.
How much is this home worth?
The estimated value of the home located at 8395 56th Way North is $0.
What are some comparable homes to 8395 56th Way North?
There are currently no comparable homes to 8395 56th Way North.
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