49
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2005 RUSSELL DRIVE
About This Property
Enjoy Florida living in the screened-in pool and patio, overlooking a spacious fenced backyard. The home is serviced by private well and septic, eliminating a monthly municipal water bill. Best of all, you're just steps from scenic Lake Platt, adding to the peaceful setting of this established Tampa neighborhood. Conveniently located near shopping, dining, major roadways, USF and area medical facilities. Beautifully updated, energy efficient and ready for its next owner-schedule your private showing today!
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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 |
|---|---|---|---|
| Oct 31, 2026 | Price Decreased |
$530,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Oct 14, 2026 | Price Decreased |
$539,900
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Sep 18, 2026 | Price Decreased |
$549,900
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Aug 31, 2026 | Listed by DALTON WADE INC | $564,900 | |
| Listed by DALTON WADE INC | |||
| Jan 6, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017