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12380 TANSBORO STREET
About This Property
Over the past several years, the owners have made substantial improvements, including a new roof and skylights in 2023, HVAC replacement in 2022, new kitchen appliances including the refrigerator, range, microwave, and dishwasher in 2024, and both bathroom toilets replaced in 2024. The pool was resurfaced in 2021, a new pool pump was installed in April 2026, and the garage door was upgraded in 2014, and the water heater was replaced in 2013. In 2026, the home also received the "third nail" upgrade on the truss tie-downs, helping to maximize available wind mitigation credits for homeowners insurance.
Located in the heart of Spring Hill, and literally minutes from shopping, hospitals, and only 50 minutes to the Tampa Regional Airport, this well-maintained home offers the space, updates, features, and a very convenient location that are increasingly difficult to find in one package. Schedule your private showing before this opportunity is gone.
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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.
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017