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2331 NEWTON DRIVE
About This Property
The interior showcases spacious living areas ideal for both everyday living and effortless entertaining. The seamless flow between the main gathering spaces creates an open and airy feel, while tasteful finishes and carefully maintained details reflect pride of ownership at every turn. The updated kitchen features quartz countertops, custom white wood cabinetry, glass tile backsplash, stainless steel appliances, a dinette area, and built-in storage cabinetry, all centrally positioned for functionality and connection, creating an ideal space to gather with family and guests alike. Hurricane-impact windows provide added peace of mind, energy efficiency, and durability.
Outside, enjoy a peaceful residential setting with outdoor space perfect for relaxing, entertaining, or enjoying Florida's year-round sunshine. The fenced corner lot offers added privacy, enhanced curb appeal, and an expansive feel, creating an ideal setting for both quiet enjoyment and outdoor gatherings.
Ideally located near renowned Gulf beaches, championship golf courses, shopping, dining, parks, and top local amenities, this location offers the perfect balance of tranquility and accessibility. The property is also zoned for highly sought-after Palm Harbor University High School.
Whether you are searching for a full-time residence, seasonal retreat, or investment property, 2331 Newton Drive presents a rare opportunity to enjoy the Palm Harbor lifestyle in one of Pinellas County's most desirable locations.
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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 |
|---|---|---|---|
| Jul 9, 2026 | Sold | ||
| Sold | |||
| Jun 12, 2026 | In contract | - | |
| In contract | |||
| Jun 10, 2026 | Price Decreased |
$368,500
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Jun 3, 2026 | Price Decreased |
$383,250
↓ $12K
(3%) | |
| Price Decreased | |||
| May 27, 2026 | Price Decreased |
$395,250
↓ $30K
(7%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017