2288 Springflower DRIVE
About This Property
Welcome to this charming 2-bedroom, 2-bathroom home in central Clearwater! This delightful residence boasts luxury vinyl flooring throughout the main floor, offering both style and durability. The refreshed bathroom adds a modern touch, while the spiral staircase leads to a cozy loft, perfect for a home office or reading nook. Enjoy the privacy of your backyard courtyard and the comfort of a glass and air-conditioned lanai. The living room features high vaulted ceilings and a wood-burning fireplace, creating a warm and inviting atmosphere. Additional conveniences include a tankless water heater, indoor laundry, and a water softener. Located close to grocery stores, restaurants, shopping, entertainment, and world-famous beaches, this home provides the perfect blend of comfort and convenience. Don't miss out on this fantastic opportunity!
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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 |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 6, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Price Decreased |
$410,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 18, 2024 | Listed by KELLER WILLIAMS REALTY- PALM H | $420,000 | |
| Listed by KELLER WILLIAMS REALTY- PALM H | |||
| Aug 30, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017