12166 MONARCO LANE
About This Property
THIS HOME QUALIFIES FOR A LOW INTEREST RATE BUYDOWN WHEN BUYER CLOSES WITH A SELLER APPROVED LENDER AND SIGNS A CONTRACT BY 5PM ON 11/30/2025. THE REDUCED PRICE IS A PROMOTIONAL PRICE EFFECTIVE UNTIL 5PM ON 11/30/2025. TAEXX pest control system built in home. Builder warranty! Builder helps with closing costs when Buyer pays cash or closes with Seller approved lender. Prices /Promotions are subject to change without notice
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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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | Listed by ADAMS HOMES REALTY INC | $372,550 | |
| Listed by ADAMS HOMES REALTY INC | |||
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by RE/MAX REALTY UNLIMITED | $55,000 | |
| Listed by RE/MAX REALTY UNLIMITED | |||
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Seize the opportunity to create your dream home on this spacious .29-acre lot in Spring Hill, Florida. With ample space to design and build, this homesite is the perfect blank canvas for your vision. Zoned for residential use, this lot is ready to accommodate your dream home. Enjoy the freedom to design and build the perfect living space for you and your family. Utilities Available: Electricity and water hookups are conveniently available at the street, ensuring easy access to essential services. With septic installation required, you have the flexibility to tailor your home's utilities to your preferences. Say goodbye to restrictive rules and regulations – this property is free from HOA fees and restrictions, allowing you to enjoy true freedom and flexibility in your homeownership journey. Convenient Location: Located close to shopping, restaurants, schools, and the beautiful Gulf beaches, this lot offers the perfect balance of convenience and tranquility. Enjoy easy access to all the amenities' Spring Hill has to offer, while still enjoying the peace and privacy of your own slice of paradise. No Flood Zone: Rest easy knowing that this property is situated in a non-flood zone, offering peace of mind and protection for your investment. Don't miss out on this incredible opportunity to build your dream home in Spring Hill. Contact us today to learn more and make this lot yours!
ALL INFORMATION IS DEEMED RELIABLE BUT NOT GUARANTEED. TO BE VERIFIED BY THE BUYER AND/OR BUYER'S AGENT INCLUDING UTILITIES.
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017