18238 CLEAR LAKE DRIVE
About This Property
Welcome to 18238 Clear Lake Dr, a beautifully updated 4-bedroom, 3-bathroom home on an expansive corner lot in one of Lutz's most desirable gated communities. This move-in ready gem offers NO CDD fees, a low HOA, and a well-maintained neighborhood that's perfect for families and professionals alike.
Inside, you'll find a spacious split floor plan with vaulted ceilings, luxury vinyl plank flooring throughout, and a cozy wood-burning fireplace. The open-concept kitchen is a dream, showcasing quartz countertops, brand-NEW cabinetry, and stainless steel appliances - ideal for entertaining or everyday living.
The bathrooms are beautifully upgraded with quartz counters and a sleek, modern design that elevates the feel of the home. Add in a large laundry room, 2-car garage, NEW ROOF, NEW AC, NEW Water Heater, and fresh paint inside and out, and you've got total peace of mind.
Step outside to your private retreat - a screened-in pool and covered lanai perfect for relaxing or entertaining year-round. The community offers outstanding amenities like basketball courts, tennis courts, a playground, and a screened outdoor pavilion for gatherings.
All of this, plus zoning for top-rated schools and easy access to everything Lutz and Tampa have to offer, makes this home an unbeatable opportunity.
Schedule your private showing today - your Florida dream home awaits!
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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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Jul 26, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Price Decreased |
$684,900
↓ $14K
(2%) | |
| Price Decreased | |||
| May 28, 2025 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Apr 24, 2025 | Listed by FUTURE HOME REALTY INC | $725,000 | |
| Listed by FUTURE HOME REALTY INC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017