1029 FUCHSIA DRIVE
About This Property
Recent improvements include a new roof (August 2024), replaced windows (2023), fresh interior and exterior paint (October 2024), a new water softener (2022), and a garage door opener (2024). The air conditioner, replaced in 2015, has been serviced yearly, and the water heater was updated in 2015. Inside, you'll find a bright and functional layout, complemented by tropical landscaping that's perfect for year-round gardening or birdwatching. Appliances included are a refrigerator, dishwasher, stove, water softener, and a whole-house water filter.
The location is ideal for coastal living, with three local beaches just minutes away, including Sunset Beach, Howard Park, and Anclote Beach. Enjoy easy access to Anclote River parks, boat launches, walking trails, and stunning Gulf views. This home is just minutes from the iconic Tarpon Springs Sponge Docks, where you can indulge in delicious Greek cuisine, vibrant festivals, and cultural events. Shopping, healthcare, and schools are conveniently nearby, and you're only 45 minutes from two international airports, 30 minutes from Clearwater Beach, and less than an hour from Tampa's sports and entertainment venues. The house and neighborhood did not sustain flooding damage from any of the storms.
Experience the perfect blend of natural beauty, cultural richness, and recreational opportunities in this vibrant coastal community. Schedule your private tour today!
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Jan 21, 2025 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
| Jan 17, 2025 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Dec 17, 2024 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017