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3298 ORCHARD DRIVE
About This Property
The kitchen offers a contemporary design with solid-wood cabinetry, updated fixtures, a spacious island with added storage, and a full set of new stainless-steel appliances. The primary suite features high ceilings, dual walk-in closets, and a large updated bathroom with double sinks. The split floor plan provides added privacy.
A screened porch opens to the private pool area and fully fenced backyard, creating an ideal space for relaxation and entertaining. The property is located outside the flood zone, offering additional peace of mind. With no HOA or CDD fees and a convenient location near Clearwater, Honeymoon Beach, Tampa, Safety Harbor, Dunedin, and popular Gulf Coast beaches, this home offers comfort, modern updates, and excellent accessibility. A great opportunity for a primary residence or investment.
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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 |
|---|---|---|---|
| Aug 18, 2026 | Sold | ||
| Sold | |||
| Jul 24, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$452,500
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jun 10, 2026 | Price Decreased |
$457,500
↓ $3K
(0.5%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$460,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Palm Harbor
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017