216 ORANGE MILL AVE
About This Property
The family room opens to an expansive screened lanai with pavers, a sparkling pool with fountain feature, sundeck, and an above-ground hot tub, all overlooking a tropical yard with mature trees and tranquil water views. A decorative staircase leads to the upper level, where you'll find additional bedrooms, a versatile loft area, and a bonus room with French doors opening to a private balcony. The primary suite is a true retreat, an expansive layout with a double door entry and French door access to the balcony. Dual custom walk-in closets are outfitted with built-ins, drawers, and shelving. The spacious ensuite bath includes a soaking tub, walk-in tiled shower, separate vanities with vessel sinks, a private water closet, and built-in linen storage.
Secondary bathrooms are thoughtfully finished with Quartz vanities, vessel sinks, and tiled tub/shower combos. The home is equipped with two A/C units, installed in 2022 and 2014. The spacious laundry room downstairs offers ample counter space, cabinetry, a dedicated storage closet, and washer/dryer hookups. The garage includes built-in cabinets and overhead storage racks, along with included hurricane shutters. Additional features include a security doorbell, full smart security camera system, and TV mounts, all of which convey with the home. Spyglass at River Bend offers a resort-style lifestyle with a clubhouse, pool, fitness center, dog park, and walking trails. Conveniently located Just minutes from I-75, with easy access to downtown Tampa, Sarasota, MacDill Air Force Base, and the new Moffitt Cancer Center. This exceptional home offers space, flexibility, and luxury living in one of Ruskin's premier gated communities.
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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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 3, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Price Decreased |
$574,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 8, 2025 | Price Decreased |
$584,900
↓ $15K
(2.5%) | |
| Price Decreased | |||
| Jul 29, 2025 | Listed by MIHARA & ASSOCIATES INC. | $599,900 | |
| Listed by MIHARA & ASSOCIATES INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017