949 Lake DRIVE
About This Property
This 3 spacious Bedroom, 2 full bath and 2 car garage over-sized. Golf cart-friendly community.
Fully renovated home in 2022. New roof and recent air conditioning system. Modern kitchen with window bar: stainless steel appliances, and ample cabinet storage. marble countertops. Renovated bathrooms and a private guest bathroom by the outdoor areas: landscaped garden, porch, and a barbecue area perfect for gatherings. Prime location: Dunedin and the famous Pinellas Trail, ideal for cycling and walking. Beautiful Beaches: Dunedin is close to renowned beaches like Honeymoon Island and Caladesi Island, often ranked among the best in the United States. Green Spaces : Numerous parks, such as Hammock Park, feature hiking trails, picnic areas, and preserved natural surroundings. Easy showing
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Nov 26, 2024 | Price Decreased |
$520,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Nov 26, 2024 | Relisted | $525,000 | |
| Relisted | |||
| Nov 21, 2024 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017