2186 WATERSIDE DRIVE
About This Property
Inside, the home features a bright, open layout highlighted by modern finishes and thoughtful upgrades throughout. The kitchen serves as a central gathering space with updated cabinetry, quartz-style countertops, stainless steel appliances, and a seamless connection to the living and dining areas-ideal for both entertaining and everyday living. Recent renovations include a fully updated interior and replaced appliances, offering a truly move-in-ready experience with a clean, contemporary feel.
Luxury flooring, updated lighting, and a soft coastal-inspired color palette flow throughout the home. The primary suite provides a comfortable retreat with an updated en-suite bathroom and generous closet space. Additional bedrooms are spacious and filled with natural light, offering flexibility for guests, family members, or a home office.
Both bathrooms have been tastefully modernized with quality finishes, while smart storage solutions enhance functionality throughout the home. Step outside to a private backyard with space to relax, garden, or entertain, complemented by attractive curb appeal. With a recent price improvement and generous buyer incentives, this renovated property stands out as an exceptional value in the Clearwater market. Motivated sellers-schedule your 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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Jan 30, 2026 | In contract | - | |
| In contract | |||
| Jan 27, 2026 | Price Decreased |
$470,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jan 2, 2026 | Listed by EXP REALTY, LLC | $475,000 | |
| Listed by EXP REALTY, LLC | |||
| Dec 20, 2025 | Price Decreased |
$495,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017