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3174 PHLOX DRIVE
About This Property
Step into the bright and airy sunroom overlooking a **nicely FENCED backyard**-a wonderful space for pets, gardening, entertaining, or simply relaxing in your own private outdoor retreat. The kitchen has been reconfigured from its original layout, offering the next owner a unique opportunity to create a space that reflects their own style and needs. Whether you're looking for your first home, a seasonal residence, or a property to personalize over time, this villa offers solid improvements, a desirable location, and the chance to make it your own. Residents enjoy access to the community pool and beautifully maintained common areas, all within one of Palm Harbor's most convenient and desirable neighborhoods. No flood insurance required (Flood Zone X), makes this property the one to grab!
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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 29, 2026 | Price Decreased |
$229,000
↓ $21K
(8.4%) | |
| Price Decreased | |||
| Aug 1, 2026 | Price Decreased |
$249,900
↓ $15K
(5.7%) | |
| Price Decreased | |||
| Jul 20, 2026 | Listed by RAGSDALE RESIDENTIAL REALTY | $265,000 | |
| Listed by RAGSDALE RESIDENTIAL REALTY | |||
| May 16, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed by RAGSDALE RESIDENTIAL REALTY | $115,000 | |
| Listed by RAGSDALE RESIDENTIAL REALTY | |||
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About Cloverplace
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017