12439 HANLEY DRIVE
About This Property
Recent improvements include a newly renovated roof, fascia, soffits, gutters, electric hot water heater, updated electrical panel, and updated appliances-eliminating many of the major expenses typically associated with homeownership. The home is also generator-ready, with the electrical system configured for direct connection, providing added reliability during power outages.
Enjoy the Florida lifestyle outdoors with a well-manicured yard and a screened-in pool area, ideal for relaxing, entertaining, and enjoying year-round sunshine with minimal maintenance concerns.
Conveniently located near Cortez Boulevard, this home places you just minutes from restaurants, gyms, hospitals, and major grocery chains-keeping daily life simple and efficient.
Seller also has an additional adjacent property currently listed, creating a rare opportunity for families or buyers seeking neighboring homes.
A solid, well-cared-for home where the heavy lifting has already been done-allowing you to move in, relax, and enjoy everything Florida living has to offer.
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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 |
|---|---|---|---|
| Mar 18, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Listed by COLDWELL BANKER WEAVER GROUP REALTY | $308,000 | |
| Listed by COLDWELL BANKER WEAVER GROUP REALTY | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017