16617 Willow Glen DRIVE
About This Property
Built in 1979, this 3-bedroom, 2-bathroom home is full of character and modern updates. The living room showcases cathedral ceilings with wood beams and a stunning stone fireplace, creating a warm, inviting atmosphere. The galley kitchen overlooks the screened-in inground pool and expansive rear patio paradise, featuring a breakfast bar perfect for casual dining or entertaining.
The master suite appoints a walk-in closet, sliding doors to the patio, and a remodeled en-suite bathroom with a ceiling heat lamp and remote-controlled shower system. The second bedroom includes a walk-in closet, while the versatile third bedroom, ideal for an office or guest room, comes with its own private patio.
Outdoor living is a dream with the pool, screen enclosure, and plenty of space to relax and enjoy nature. The property's prime location on a quiet, no-traffic street across from Rock Lake adds to the serene environment, while its zoning for agriculture and the possibility of adding a mother-in-law suite offers great future potential.
Additional features include new roof (2024), well water pump, tank, kitchen windows, and patio doors (2024); generator electrical system with full gas tanks; irrigation system with new timer; remodeled bathrooms and fresh paint (2021); AC, pool pump, and water heater (2021); new garage door system and outdoor flood lights; fruit trees.
This unique property combines a country-like setting with quick access to Tampa's downtown, International Airport, and Florida beaches, offering the perfect balance of privacy and convenience. Make your appointment today for your personal tour.
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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%.
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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 27, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Price Decreased |
$749,000
↓ $16K
(2.1%) | |
| Price Decreased | |||
| Oct 29, 2024 | Listed by LUCY LOMBARDI & ASSOCIATES | $765,000 | |
| Listed by LUCY LOMBARDI & ASSOCIATES | |||
| Jan 19, 2021 | Sold | ||
| Sold | |||
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About Keystone
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017