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Map
3408 CRAPE MYRTLE DRIVE
About This Property
Recent improvements include redone electrical outlets throughout the home and a new hot water heater, ensuring both convenience and peace of mind. The current flood insurance policy is transferable, offering added value and potential savings for the future owner.
Step outside and you're greeted with your own private dock, the ideal spot for boating, fishing, or simply relaxing as you take in the Florida sunshine. The outdoor space invites you to unwind or entertain, offering a true extension of the home's charm.
Nestled in the quiet, desirable community of Hernando Beach, you're just minutes away from local shops, dining, waterfront restaurants, marinas, and endless Gulf Coast recreation. Whether you're searching for a forever home, a vacation getaway, or an investment opportunity, this property is move-in ready and waiting to welcome you.
Seller may consider Bitcoin (BTC), Ethereum (ETH), or USDC, subject to conversion to U.S. Dollars at closing and standard Florida title and escrow requirements.
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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 |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Aug 22, 2026 | Price Decreased |
$300,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Jul 21, 2026 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Jun 17, 2026 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Mar 17, 2026 | Price Decreased |
$375,000
↓ $25K
(6.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017