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1856 FRANCIS DRIVE
About This Property
One of the standout features of this home is the charming brick courtyard, surrounded by sliding glass doors that create a wonderful connection between the indoor and outdoor living spaces. With multiple access points to the courtyard, natural light flows into the home while providing a private outdoor space perfect for relaxing, entertaining, or creating your own garden retreat.
With four bedrooms and three full bathrooms, there is plenty of flexibility for family, guests, a home office, or multigenerational living. Many of the big-ticket improvements have already been taken care of, giving you the opportunity to move in and make the finishing touches your own.
Conveniently located in Clearwater with easy access to shopping, dining, recreation, and everything the Tampa Bay area has to offer. With generous living space, a distinctive courtyard design, and significant recent improvements, 1856 Francis Dr is ready to welcome its next owner. Schedule your private showing 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 |
|---|---|---|---|
| Sep 21, 2026 | Listed by BHHS FLORIDA PROPERTIES GROUP | $540,000 | |
| Listed by BHHS FLORIDA PROPERTIES GROUP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017