1808 MAGNOLIA DRIVE
About This Property
Discover this beautifully updated home in the heart of Clearwater, offering breathtaking pond views and a peaceful retreat just minutes from the beach. Wake up to the sight of birds from your screened lanai, the perfect spot to enjoy your morning coffee. Entertain effortlessly with an outstanding outdoor kitchen, ideal for hosting friends and family.
Inside, this meticulously maintained home boasts new flooring, a modernized kitchen, and stylishly renovated bathrooms. Thoughtful upgrades include wine fridges, a video projector, and an outdoor kitchen-all included with the sale. Major updates for peace of mind: new roof (2016) and new AC (2022).
Prefer the beach? The iconic Clearwater Pier and world-famous sandy shores are just 5 miles away. Don't miss this incredible opportunity to own a move-in-ready home in an unbeatable location!
Let me know if you'd like any further refinements!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$580,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Mar 27, 2025 | Price Decreased |
$585,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Mar 18, 2025 | Price Decreased |
$595,000
↓ $25K
(4%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017