3297 AMHERST AVENUE
About This Property
Ideal for buyers looking for space, potential, and the chance to create something special. Sitting on 1/3 acre, the property provides opportunity to install a swimming pool, build an ADU, or park your RV or boat. This 3 bedroom, 2 bathroom, split plan home featuring the primary suite on one side also offers an open floor plan and vaulted ceilings. The outside storage shed, gazebo, screened in rear lanai (complete with television) and spacious front porch offer ample opportunity to enjoy outdoor relaxation and entertaining. Centrally located and a short car ride to schools, shopping and entertainment . The property will benefit from flooring updates throughout (a flooring allowance will be provided with an appropriate offer) as carpeting is missing in two rooms and replacement is needed in others. Don't miss your chance to live near Florida's Adventure Coast, offering an abundance of outdoor recreation, including crystal-clear springs, trails, and Gulf access. Popular activities include kayaking, paddleboarding, tubing, and wildlife viewing along the Weeki Wachee River. The area is also known for fishing, boating, scalloping, and beautiful sunsets along the Gulf at Hernando Beach and nearby parks, making it an ideal location for anyone who enjoys nature, water activities, and outdoor adventure.
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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 |
|---|---|---|---|
| May 22, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by TREASURED HOME COLLECTION | $280,000 | |
| Listed by TREASURED HOME COLLECTION | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017