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$227,500
● Land - Off Market

Summit St

LARGO, FL
bedrooms
Studio
bathrooms
0 Bath
$267,999
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

2 small buildable lots (75' x 72.5') or 1 larger buildable lot (75' x 145').  Two houses sat on this property and were demolished in 1998, good chance water and sewer lines could be existing.  One house faced 512 Summit Dr and the other was addressed as 302 6th Ave SW, Largo.  Current set backs according to the City of Largo, to be verified by Agent and Buyer, 20' from the front, 7.5' from the side and 20' from the rear.  65% impervious to driveway, shed, porch etc. Beautiful lot recently cleared and looks like a park.  ALL INFORMATION HEREIN INCLUDING BUILDING INFO FROM CITY OF LARGO TO BE VERIFIED BY BUYER AND HIS/HER AGENT.
Unit Size
-
Days on Market
84 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$158
HOA Dues
-
Year Built
-

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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 #U8208903)

Price History

Date / Event Date Event Price
Oct 23, 2023 Sold
Premium
Sold
Sep 17, 2023 In contract -
In contract
Jul 31, 2023 Listed by COLDWELL BANKER REALTY $269,000
Listed by COLDWELL BANKER REALTY

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Features: City Lot, Level, Street Lights
Lot Size Area: 10875
Lot Size Units: Square Feet
Lot Size Acres: 0.25
Lot Size Square Feet: 10875
Lot Size Dimensions: 75 x 145
Tax Lot: 0030
Water Source: Public
Financial Details
Tax Annual Amount: $1,894
Utilities Details
Sewer : Public Sewer

Comparables

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

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

Similar Homes for Sale

Currently no similar homes around
STELLAR

Listed by: Susan Littlejohn
COLDWELL BANKER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8208903
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.
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