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Spring Hill 34608 Spring Hill
1198 CHANNING AVENUE
$285,000
● House - Off Market

1198 CHANNING AVENUE

SPRING HILL, FL 34608
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,949 Ft²
$1,506
Est. Monthly
7.97%
Cap Rate

About This Property

***SPACIOUS AND AFFORDABLE FAMILY HOME LOCATED IN A GREAT NEIGHBORHOOD OF SPRING HILL, FLORIDA....this home offers 1,949 sf of living space, a split floor plan with 3 bedrooms, 2 baths, kitchen overlooking a huge great room, indoor laundry and a 2 car garage. ROOF 2020, NO HOA's and NO FLOOD REQUIRED.  Don't hesitate to view this available property...it will not last!!  Home is centrally located to all major roads, shopping, Weeki Wachee Springs and just a few minutes to Veterans Expressway (SR 589) making travel to and from Tampa a breeze.
Unit Size
1,949 Ft²
Days on Market
43 days
Land Size
0.24 acres
Price per sqft
$146
Property Type
House
Property Taxes
$106
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (Stellar MLS #TB8346413)

Price History

Date / Event Date Event Price
Mar 24, 2025 Sold
Premium
Sold
Mar 1, 2025 In contract -
In contract
Feb 14, 2025 In contract -
In contract
Feb 9, 2025 Listed by REST EASY REALTY POWERED BY SELLSTATE $285,000
Listed by REST EASY REALTY POWERED BY SELLSTATE
Dec 16, 2002 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,264
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 820
  • Total Building Area: 2,694
  • Gross Building Area: 2,694
  • Building Area: 1,949
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,949
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING HILL UN 7
  • Land Acres: 0000000236
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: SPRING HILL UNIT 7 BLK 385 LOT 6 ORB 313 PG 578

Neighborhood

  • School District Name: Hernando County School District
  • School Tax School District: 1,36,48,99
  • Census Tract: 041402

Geography

  • Assessors Map Reference: MAP: 36B
  • Account Number: 00266303
  • Parcel: R32-323-17-5070-0385-0060
  • Block: 385
  • Lot: 6
  • Meridian: SEC 32 TWN 23S RNG 17E
  • Municipality: HILLSBOROUGH BASIN EMS
  • Latitude: 28.4512
  • Longitude: -82.5716

    Address

  • Full Address: 1198 Channing Ave
  • Address - House Number: 1198
  • Address - Street Name: Channing
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Spring Hill
  • Carrier Code: R050
  • 4-Digit Zip Code: 6108
  • Zip Code: 34608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $110,285
  • Tax Rate Code Area: CW-ES

    Appraisal Valuation

  • Standard Deviation: 0.2143
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 314,012
  • High Value: 381,317
  • Low Value: 246,708

    Market Valuation

  • Market Total Value: $219,304
  • Market Land Value: $30,792
  • Market Improvement Value: $188,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Dec 16, 2002
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spring Hill

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

73

Average Home Size

1903 ft²

Average Home Age

27.4 years

Currently For Sale

652 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1139 Desmond Avenue, SPRING HILL, FL, 34608

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,268 ft²
1139 Desmond Avenue, SPRING HILL, FL, 34608 Listing by Kaytlin Goodell
Unit for rent at 2433 Lackland Avenue, SPRING HILL, FL, 34608

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,281 ft²
2433 Lackland Avenue, SPRING HILL, FL, 34608 Listing by Stephanie Rotunda

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Carrie Pina
REST EASY REALTY POWERED BY SELLSTATE
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8346413
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1198 Channing Avenue built and last sold?
The property at 1198 Channing Avenue was built in 1983 and last sold on Jan 1, 1970 for $110,000.
How much is this home worth?
The estimated value of the home located at 1198 Channing Avenue is $292,469.
What are some comparable homes to 1198 Channing Avenue?
There are currently no comparable homes to 1198 Channing Avenue.
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