862 COLLEGE HILL DRIVE
About This Property
Centrally located in the heart of Clearwater, this spacious 4 bedroom, 2 bathroom home boasts an oversized lot, open floorplan, and freshly refinished pool! Upon entering, you'll be welcomed by a lovely formal dining area on the left, and formal living area to the right. The floorplan continues into the open kitchen and family room area, with sliding glass doors out to the beautiful pool area. Split bedrooms on either side of the home add to the ideal layout. Enjoy your days splashing in the sparkling pool, or take advantage of the outstanding location to quickly get almost anywhere in the area...close proximity to local playgrounds and parks for recreation, and plenty of access to dining and shopping. This home has been very well maintained, and the interior is freshly painted. The two car garage opens into the kitchen for convenience, offering outstanding ease of living, and the home offers city, reclaimed, and well water hookups (irrigation system is connected to well & reclaimed water). Roof is in great condition- 2019. The yard is freshly sodded and landscaped... This home is ready for new owners and loads of happy memories!
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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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 11, 2025 | In contract | - | |
| In contract | |||
| Mar 7, 2025 | Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | $534,000 | |
| Listed by COASTAL PROPERTIES GROUP INTERNATIONAL | |||
| Oct 9, 2020 | Sold | ||
| Sold | |||
| Sep 11, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017