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4876 RAMBLING RIVER ROAD
About This Property
As a significant value-added benefit, the sale includes a custom home plan specifically designed for this property, already approved by the HOA, along with a no-rise certification-potentially saving the future owner considerable time, expense, and effort during the planning and building process.
Surrounded by mature trees and peaceful conservation areas, this property provides a serene setting where you can enjoy the sights and sounds of nature while remaining just minutes from shopping, dining, and major commuter routes. Alafia Preserve is an intimate community of only 25 homesites nestled along the Alafia River, featuring a gated entrance, community river access, and a private park for residents.
The property is fully equipped with underground utilities, including water, sewer, TECO gas, electric, and cable. Residents enjoy the benefits of the community's amenities and river access with a low monthly HOA fee, along with a one-time $1,000 capital contribution fee due at closing.
Whether you're ready to build now or planning for the future, this is a unique opportunity to own one of the most desirable homesites in Alafia Preserve and create a truly custom residence in one of Brandon's most distinctive communities.
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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 |
|---|---|---|---|
| Jun 19, 2026 | Listed by FOUNDATION REALTY GROUP | $175,000 | |
| Listed by FOUNDATION REALTY GROUP | |||
| Feb 24, 2025 | Sold | ||
| Sold | |||
| Jan 27, 2025 | In contract | - | |
| In contract | |||
| Dec 31, 2024 | Price Decreased |
$125,000
↓ $10K
(7.4%) | |
| Price Decreased | |||
| Nov 12, 2024 | Price Decreased |
$135,000
↓ $43K
(24.2%) | |
| Price Decreased | |||
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About Bloomingdale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017