1627 SHADY OAKS DRIVE
About This Property
This 3-bedroom, 2.5-bath home has been lovingly cared for by its original owners and welcomes you with a calm, inviting atmosphere from the moment you walk in.
The remodeled kitchen, with generous counter space and storage, flows naturally into the main living area and screened lanai, making it easy to gather, cook, and relax. Upstairs, a large flex room with a custom built-in desk offers a quiet workspace while still leaving plenty of space for a game area, theater, or an additional living room.
The primary suite is a true retreat, with two walk-in closets featuring upgraded storage systems. Both bathrooms were recently remodeled, with the primary offering a spa-like experience including a large shower and dual sinks, and the secondary featuring a soaking tub for added relaxation.
Step outside to the large lanai and sparkling pool -- refreshed in 2020 with updated tile, refinished interior, an upgraded insulated pan roof -- creating a private, tranquil space perfect for quiet evenings or entertaining friends and family. A hot tub and lush tropical landscaping complete this outdoor oasis.
Additional updates include a 2023 water heater, 2022 pool heater, 2016 roof, and smart home features. The home also includes a spacious two-car garage and is part of a quiet neighborhood with a low HOA. This home is truely move-in ready.
East Lake Oaks is zoned for top-rated schools and conveniently located near shopping, dining, hospitals, and two airports. A neighborhood trail connects to Sheffield Park, with walking paths, sports fields, a playground, a dog park, and more. The Oldsmar Sports Complex is nearby, and Florida's Gulf beaches are just a short drive away-offering the perfect blend of comfort, convenience, and recreation.
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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 |
|---|---|---|---|
| Jan 20, 2026 | Sold | ||
| Sold | |||
| Dec 11, 2025 | In contract | - | |
| In contract | |||
| Dec 6, 2025 | Price Decreased |
$619,900
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Oct 30, 2025 | Price Decreased |
$634,900
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Aug 21, 2025 | Listed by BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE | $649,900 | |
| Listed by BETTER HOMES AND GARDENS REAL ESTATE ATCHLEY PROPE | |||
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About Oldsmar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017