8408 FLAGSTONE DRIVE
About This Property
The open-concept kitchen, renovated in 2017 along with all bathrooms, boasts white shaker-style cabinetry, granite countertops, bold red subway tile, a breakfast bar, and modern stainless steel appliances (2020). One of the bathrooms is complete with a jacuzzi. The home has been recently upgraded with elegant marble-look ceramic tile flooring throughout, giving it a fresh, modern feel.
Step outside to a spacious lanai and a large, fenced backyard with room for a pool-perfect for outdoor entertaining. Plus, Bay Crest Park offers a private community boat ramp, allowing you to launch your boat and be in the bay within minutes. Prefer the beach? A quick drive over the Courtney Campbell Causeway takes you straight to the famous shores of Clearwater.
Don't miss this incredible opportunity to own a beautifully updated home in a prime waterfront location!
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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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| May 13, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Price Decreased |
$429,900
↓ $29K
(6.3%) | |
| Price Decreased | |||
| Apr 7, 2025 | Price Decreased |
$459,000
↓ $30K
(6.1%) | |
| Price Decreased | |||
| Apr 1, 2025 | Listed by REDFIN CORPORATION | $489,000 | |
| Listed by REDFIN CORPORATION | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017