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Spring Hill 34608 Spring Hill
1661 Larkin ROAD
$228,000
● House - Off Market

1661 Larkin ROAD

SPRING HILL, FL 34608
bedrooms
2 Beds
bathrooms
2 Baths
square feet
936 Ft²
$1,326
Est. Monthly
7.86%
Cap Rate

About This Property

Welcome to this charming cottage-like 2-bedroom, 2-bathroom home nestled on an oversized fenced-in backyard, just shy of half an acre providing ample opportunities to host gatherings. This outdoor oasis features an above-ground pool, with a brand new liner, ideal for relaxation and entertaining, a shed with electric and a wooden deck for eating and grilling.   This quaint home maximizes all of its inside space with an en-suite primary bedroom boasting a stunning wooden cathedral ceiling. The kitchen is beautifully updated showcasing newer countertops and cabinetry. A recent 4 pt. inspection has also been done. A must-see property that combines comfort, style, and outdoor enjoyment!
Unit Size
936 Ft²
Days on Market
39 days
Land Size
0.40 acres
Price per sqft
$244
Property Type
House
Property Taxes
$206
HOA Dues
-
Year Built
1981

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (Stellar MLS #W7871389)

Price History

Date / Event Date Event Price
Feb 25, 2025 Sold
Premium
Sold
Jan 24, 2025 In contract -
In contract
Jan 17, 2025 Listed by BHHS FLORIDA PROPERTIES GROUP $228,000
Listed by BHHS FLORIDA PROPERTIES GROUP
Jan 8, 2019 Sold
Premium
Sold
Aug 30, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,519
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 640
  • Total Building Area: 1,116
  • Gross Building Area: 1,116
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 936
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING HILL UN 8
  • Land Acres: 0000000402
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: SPRING HILL UNIT 8 BLK 407 LOT 14 ORB 317 PG 181

Neighborhood

  • School District Name: Hernando County School District
  • School Tax School District: 1,36,48,99
  • Census Tract: 040901

Geography

  • Assessors Map Reference: MAP: 36A
  • Account Number: 00270780
  • Parcel: R32-323-17-5080-0407-0140
  • Block: 407
  • Lot: 14
  • Meridian: SEC 32 TWN 23S RNG 17E
  • Municipality: HILLSBOROUGH BASIN EMS
  • Latitude: 28.4538
  • Longitude: -82.5628

    Address

  • Full Address: 1661 Larkin Rd
  • Address - House Number: 1661
  • Address - Street Name: Larkin
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Spring Hill
  • Carrier Code: R032
  • 4-Digit Zip Code: 6454
  • Zip Code: 34608

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $214,132
  • Tax Rate Code Area: CW-ES

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 208,980
  • High Value: 253,348
  • Low Value: 164,611

    Market Valuation

  • Market Total Value: $139,121
  • Market Land Value: $48,528
  • Market Improvement Value: $90,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,569

    Sales

  • Current Sale Contract Date: Jan 31, 2018
  • Current Sale Recording Date: Jan 08, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019001292
  • Previous Sale Recording Date: Aug 30, 2004
  • Previous Sale Contract Date: Aug 24, 2004
  • Previous Sale Amount: $69,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Spring Hill

Stats & Trends

Median Asking:

$319,000

Sale Price/ft²

$189

Below Asking

0.02%

Average Days on Market

69

Average Home Size

1894 ft²

Average Home Age

27 years

Currently For Sale

794 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10485 Lightwood Street, SPRING HILL, FL, 34608

$1,745 /mo

  • 3 Beds
  • 2 Baths
  • 1,262 ft²
10485 Lightwood Street, SPRING HILL, FL, 34608 Listing by Jessica Ennis

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Robin Fish
BHHS FLORIDA PROPERTIES GROUP
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# W7871389
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1661 Larkin Road built and last sold?
The property at 1661 Larkin Road was built in 1981 and last sold on Jan 31, 2018 for $108,000.
How much is this home worth?
The estimated value of the home located at 1661 Larkin Road is $0.
What are some comparable homes to 1661 Larkin Road?
There are currently no comparable homes to 1661 Larkin Road.
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