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609 W RIVER DRIVE
About This Property
Step inside to discover original terrazzo flooring and fresh interior paint, preserving the home's mid-century charm while creating a clean, timeless feel. The updated kitchen serves as the heart of the home, featuring a full-height designer backsplash, waterfall-edge countertops, stainless steel appliances, and plenty of space to cook and entertain.
Natural light pours into the spacious sunroom, creating the perfect spot to enjoy your morning coffee, work from home, or simply relax while overlooking your private backyard oasis. Step outside to your heated saltwater pool surrounded by beautiful pavers. Perfect for enjoying Florida's sunshine year-round.
Location is everything, and this home truly delivers. Enjoy a short walk to highly rated Riverhills Elementary School, one of the area's most sought-after schools. Just minutes away, Riverhills Park invites you to explore scenic nature trails, a public boat ramp for kayaks and canoes, playgrounds, picnic areas, and direct access to the Hillsborough River. The nearby Temple Terrace Family Recreation Complex offers swimming pools along with a fitness center, basketball, tennis, and pickleball courts, making it easy to stay active year-round. Golf enthusiasts will love being just around the corner from Temple Terrace Golf & Country Club, where new homeowners receive a complimentary three-month membership.
This isn't just another house-it's a home that embodies the charm, character, and lifestyle that make Temple Terrace one of Tampa's most beloved communities. If you've been searching for a home with personality, major updates, and an unbeatable location, you've found it. *Up to $4,000 towards buyer's closing costs available with preferred lender*
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017