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2478 GLENRIDGE DR
About This Property
The kitchen offers stainless steel appliances, ample cabinetry, generous counter space, and a breakfast nook overlooking the pool area. The layout flows seamlessly into the main living spaces, making the home comfortable for everyday living and entertaining alike.
The primary bathroom features dual vanities, a garden tub, and a separate shower, while the additional bedrooms provide flexibility for guests, family members, or home office needs.
Step outside to the screened pool enclosure and covered lanai, where the paver pool deck creates an ideal setting for relaxing or entertaining year-round. Recent pool improvements include a newly refinished pool interior and updated saltwater filtration system. The fully fenced backyard features a 6-foot vinyl privacy fence and provides space for pets, outdoor activities, and additional storage with an on-site shed.
Additional improvements include luxury vinyl flooring, updated sprinkler system piping and fixtures, new toilets, septic tank service, and a new drain field.
Conveniently located near shopping, dining, parks, medical facilities, and everyday amenities, this home offers comfortable Florida living with valuable recent improvements already completed.
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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 |
|---|---|---|---|
| Sep 18, 2026 | Price Decreased |
$375,000
↓ $15K
(3.9%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$390,000
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Jul 29, 2026 | Price Decreased |
$400,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jul 22, 2026 | Relisted | $410,000 | |
| Relisted | |||
| Jun 29, 2026 | In contract | - | |
| In contract | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017