5348 FALLEN LEAF DRIVE
About This Property
The living room features recently replaced vinyl laminate flooring, offering both durability and elegance. The kitchen is an absolute chef's delight, equipped with granite countertops, a center island, a pantry, plenty of cabinetry for storage, and stainless steel appliances. Located just off the main living area, the bonus room makes for a perfect home office, playroom, or flex space to suit your needs. The split-bedroom layout offers added privacy, with the primary suite set apart from the two guest bedrooms. The primary suite features a walk-in closet and an en-suite bathroom with granite countertops, a double vanity, and an oversized walk-in shower. There is a dedicated laundry room with a washer and dryer that conveys for added convenience. Step out back to enjoy a covered patio-ideal for a morning coffee or relaxing at the end of a long day. The home also features a 2-car garage equipped with a Tesla electric car charger, and a Tesla backup power system for your home to ensure you are never without power in the event of an outage, plus fully paid-off solar panels on the roof to keep energy costs low. Magnolia Park residents enjoy access to three resort-style pools, multiple playgrounds, and a basketball court. Conveniently located near I-75 and the Crosstown Expressway, commuting to Tampa and the surrounding areas is quick and easy. Don't miss this home-schedule your showing today!
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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 |
|---|---|---|---|
| Mar 30, 2026 | Sold | ||
| Sold | |||
| Mar 2, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by FRANK ALBERT REALTY | $339,900 | |
| Listed by FRANK ALBERT REALTY | |||
| Nov 17, 2021 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by FRANK ALBERT REALTY | $339,900 | |
| Listed by FRANK ALBERT REALTY | |||
Property Highlights
Building Info
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Price/ft²
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About Greater Palm River Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017