4545 CLEARWATER HARBOR DRIVE N
About This Property
opportunity to renovate or rebuild on a stunning piece of property. Hurricane flood damage has
impacted the home, and it is being sold as is, providing a blank canvas for your vision. Set
behind a circular driveway, the home welcomes you with double entry doors and a traditional
floor plan. Inside, a spacious sunken living room with a cozy fireplace flows seamlessly to a
light-filled family room where walls of windows frame tranquil water views. The large formal
dining room features floor-to-ceiling glass, perfect for soaking in mesmerizing sunsets, and sits
adjacent to the kitchen, making entertaining effortless. A split-bedroom layout ensures privacy,
with the oversized primary suite offering bay windows, a walk-in closet, water views, and a
generous ensuite complete with a sunken garden tub and walk-in shower. An additional
bedroom is bathed in natural light and ideal for guests or a home office. Outside, enjoy the
perks of a boater's paradise with a private dock with deep water berth, offering quick and easy access to the
Intracoastal Waterway and open Gulf waters beyond. Located near shopping, local restaurants,
and world-class beaches, this is an extraordinary chance to bring new life to a home in a
desirable waterfront location. Don't miss this great opportunity!
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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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 4, 2025 | Price Decreased |
$749,500
↓ $100K
(11.8%) | |
| Price Decreased | |||
| Sep 26, 2025 | Price Decreased |
$849,500
↓ $13K
(1.5%) | |
| Price Decreased | |||
| Aug 15, 2025 | Relisted | $862,500 | |
| Relisted | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017