5321 SPARROW DRIVE
About This Property
Don't miss this beautifully renovated 3-bedroom, 2-bathroom block home located on a spacious corner lot with NO HOA and NO flood zone! Featuring a 1-car garage and fully fenced yard, this property offers privacy, functionality, and peace of mind.
Step inside to discover a thoughtfully designed open floor plan filled with natural light from brand-new energy-efficient windows. Every detail of this home has been updated with high-quality finishes and pride in craftsmanship.
The stunning modern kitchen boasts new stainless steel appliances, granite countertops, stylish cabinetry, and an eye-catching herringbone backsplash-perfect for everyday living and entertaining. Both bathrooms have been completely upgraded with large vanities and matching granite countertops for a cohesive, luxurious feel.
Enjoy your morning coffee or unwind in the evening on the covered front porch or relax in the screened lanai, offering outdoor comfort year-round. With ample storage and space for toys or hobbies, this home fits a variety of lifestyles.
Conveniently located east of Hwy 19, you're just minutes from shopping, dining, hospitals, golf courses, and public transportation-plus only 26 miles to Tampa International Airport. Schedule your showing today!
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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 3, 2025 | Sold | ||
| Sold | |||
| Sep 2, 2025 | In contract | - | |
| In contract | |||
| Aug 23, 2025 | Price Decreased |
$295,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Aug 6, 2025 | Price Decreased |
$299,000
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Aug 1, 2025 | Price Decreased |
$310,000
↓ $5K
(1.6%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Colonial Hills
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PEOPLE'S TRUST REALTY
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8411319
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