16950 Spring Valley ROAD
About This Property
entertainment possibilities continue outdoors with a large covered porch that wraps around the house, complete with an outdoor kitchen. The backyard patio extends to a courtyard which extends to an additional structure behind the main house, offering as a garage or entertainment space – the canvas is yours to paint. Convenience meets tranquility with quick access to the 75 freeway, placing Wesley Chapel and Tampa within easy reach. This luxury home is complemented by an office, an entertainment room with a beverage refrigerator, complete with countertop and apron sink, and a strategically designed laundry room. Don't miss your chance to own this country estate – schedule a showing today and make 16950 Spring Valley Road your forever home!
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Cap Rate Calculator
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 28, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Jan 27, 2024 | Relisted | $800,000 | |
| Relisted | |||
| Jan 23, 2024 | In contract | - | |
| In contract | |||
| Jan 12, 2024 | Price Decreased |
$800,000
↓ $25K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017