1516 DISTANT OAKS DRIVE
About This Property
Welcome to your dream home in the heart of Wesley Chapel! This meticulously maintained residence offers everything you've been searching for, with a perfect blend of luxury, comfort, and privacy.
Step inside to discover a spacious and thoughtfully designed layout, featuring high ceilings, abundant natural light, and elegant finishes throughout. The chef's kitchen boasts modern appliances, granite countertops, a large island, and ample cabinet space, seamlessly flowing into the open-concept living and dining areas.
The highlight of this home is the serene outdoor oasis. Step out onto the screened lanai, where a sparkling pool awaits, perfect for entertaining or unwinding after a long day. Beyond the pool, enjoy unparalleled privacy with no backyard neighbors, as the property backs up to stunning conservation land-your own slice of paradise.
This property also features a rare three-car garage, offering plenty of space for vehicles, storage, or a workshop. Located in a highly desirable neighborhood with gorgeous surroundings, you'll love the convenience of being close to top-rated schools, shopping, dining, and easy access to major highways.
Don't miss the opportunity to own this incredible home in an unbeatable location. Schedule your private showing today!
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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 19, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by EXP REALTY LLC | $525,000 | |
| Listed by EXP REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017