18543 BITTERN AVENUE
About This Property
As you walk in, you're welcomed by a spacious great room with views of the pool and conservation beyond. Natural light fills the space through large windows and sliding glass doors.
The primary suite is located to the left of the main living area and offers direct access to the pool, along with an en suite bathroom featuring a soaking tub, separate shower, and dual walk-in closets.
The main living area flows into the kitchen, breakfast nook, and family room. A wood-burning fireplace anchors the space, and sliding glass doors provide access to the pool and outdoor area.
On the opposite side of the home, two bedrooms share a full bathroom. A fourth bedroom is positioned toward the back of the home near a full pool bath with a walk-in shower, providing flexibility for guests or a private workspace.
Out back, the screened-in pool and lanai overlook the conservation, offering a private outdoor setting with no rear neighbors.
Located in the desirable Calusa Trace community in the Lutz/Tampa area, residents benefit from top-rated schools, a convenient location, and neighborhood amenities including parks and walking trails.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017