For SaleRisky Deal56 days on market
2942 MACALPIN DRIVE W
2942 MACALPIN DRIVE W, PALM HARBOR, FL 34684, Palm Harbor, FL 34684
$299,900
Estimate®:$293,900
Listing Price
2942 MACALPIN DRIVE W, PALM HARBOR, FL 34684
Loc: Palm Harbor, FL
Days Listed
56
Tax Assessed
$315k
Estimate®
$294k
Market Rate
Lot Size
7,118 sqft
Rent Estimate
$2,219/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
5
Highland Lakes Elementary School
PK-5
1.5 mi away
7
Joseph L. Carwise Middle School
6-8
0.5 mi away
8
Palm Harbor University High School
9-12
1.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storystucco exteriorattached garagegabled roofasphalt shingleslow maintenance landscapingfront lawndrivewayresidentialsuburbantraditionalcozyscreen door
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.21%
Total ROI
72.0%
Cash Flow
$-255/mo
DSCR
0.84
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-255/mo net cash flow with a 5.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Palm Harbor, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Price change | $299,900 | $220 |
| 2026-09-04 | Price change | $324,000 | $238 |
| 2026-07-29 | Listed for sale | $339,000 | $249 |
| 2002-01-23 | Sold | $130,000 | $96 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $1,520.05 | $121,315 |
| 2024 | $1,503.97 | $117,896 |
| 2023 | $1,465.82 | $114,462 |
| 2022 | $1,407.6 | $111,128 |
| 2021 | $1,399.93 | $107,891 |
| 2020 | $1,389.71 | $106,401 |
| 2019 | $1,358.37 | $104,009 |
| 2018 | $1,358.37 | $102,070 |
| 2017 | $1,313.11 | $99,971 |
| 2016 | $1,293.86 | $97,915 |
| 2015 | $1,313.99 | $97,234 |
| 2014 | $1,304.12 | $96,462 |
| 2013 | $1,289.21 | $95,036 |
| 2012 | $1,184.16 | $95,228 |
| 2011 | $0 | $94,641 |
| 2010 | $0 | $101,779 |
| 2009 | $0 | $113,096 |
| 2008 | $1,490.47 | $112,983 |
| 2007 | $0 | $109,692 |
| 2005 | $0 | $127,500 |
| 2004 | $1,668.67 | $117,400 |
| 2003 | $1,635.26 | $107,400 |
| 2002 | $1,208.9 | $96,400 |
| 2001 | $1,208.9 | $93,100 |
| 2000 | $1,137.15 | $83,600 |
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