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5646 ANDREA DRIVE
About This Property
The home is conveniently located near shopping and restaurants, with easy access to the library and Anclote Elementary School. Just a 2.5-mile drive away is Starkey Wilderness Park, and you can reach Suncoast Parkway in 17 minutes. Popular Tarpon Springs is a 12-minute drive, while Beach Fred Howard Park is 19 minutes away. For those traveling to Tampa International Airport, the home is a 30-minute drive away. The roof is from 2012, and the HVAC system was updated in 2021.
Note: The previous contract was canceled, and neither the property nor the seller was at fault.
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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 15, 2026 | In contract | - | |
| In contract | |||
| Sep 9, 2026 | Relisted | $250,000 | |
| Relisted | |||
| Aug 31, 2026 | In contract | - | |
| In contract | |||
| Aug 24, 2026 | Listed by MIHARA & ASSOCIATES INC. | $250,000 | |
| Listed by MIHARA & ASSOCIATES INC. | |||
| Jun 10, 2026 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017