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12326 DEEP CREEK DRIVE
About This Property
Enter through an OVERSIZED 16-FOOT DOUBLE GATE to EXTENSIVE CONCRETE PARKING - a third driveway with room for a boat, an RV, a trailer, or three more vehicles - plus a 2-CAR GARAGE. Aluminum fencing frames the front; tall HORIZONTAL PRIVACY FENCING wraps the rest, with two additional rear gates.
Inside, a TRUE OPEN GREAT ROOM flowing to a dining area and an island kitchen with QUARTZ COUNTERTOPS, 42-inch cabinetry, stainless appliances and a WALK-IN PANTRY. LUXURY VINYL PLANK FLOORING runs THROUGHOUT - including all three baths. A SPLIT BEDROOM PLAN places the owner's suite privately apart, with its own TRAY CEILING, WALK-IN CLOSET, DUAL VANITIES and a TILED WALK-IN SHOWER. Three additional bedrooms, two more full baths, a dedicated INSIDE LAUNDRY ROOM and HIGH CEILINGS complete the layout.
Outside is where this property separates itself. A COVERED REAR LANAI opens to a HUGE OPEN PATIO and half an acre of open, usable, fully enclosed lawn - room for a POOL, an outdoor kitchen, a play set, a garden, and gatherings of any size. FULL GUTTER SYSTEM.
Location delivers, as well. Veterans Memorial Park is under a mile. A 24-hour ER is about 4 minutes away, Publix about 5, and the SUNCOAST PARKWAY roughly 8 minutes - a straight run to Tampa's Westshore district and TPA in about 45–50. Weeki Wachee Springs is about 13 minutes; Gulf beaches and boat ramps under 20. Like New construction. Half an acre. Gated and fenced. Minutes from everything. What would you add in the backyard once it's yours?
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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 |
|---|---|---|---|
| Oct 3, 2026 | Relisted | $475,000 | |
| Relisted | |||
| Sep 15, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| Aug 11, 2026 | Listed by KELLER WILLIAMS SOUTH TAMPA | $499,999 | |
| Listed by KELLER WILLIAMS SOUTH TAMPA | |||
| Jul 3, 2026 | Relisted | $499,000 | |
| Relisted | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017