6509 REED DRIVE
About This Property
with a walk-in rain shower, beautiful stone flooring, subway tile extending to the ceiling, and a double-sided spacious walk-in closet. The second bedroom is versatile and could easily serve as an office, nursery or guest room and includes a Murphy bed with built-in shelving. Step outside to the fabulous screened-in back porch with a beautiful tongue-and-groove ceiling, the perfect spot for morning coffee, relaxing evenings or enjoying the peaceful backyard setting. The expansive yard offers plenty of room to spread out, with mature trees providing shade, a turf play area with playground, and an adorable wood-fenced yard with a gate leading toward the pond, where you can enjoy fishing and the peaceful surroundings. NO HOA and NO CDD give you even more freedom to enjoy this beautiful property. Additional highlights include a 2019 roof, 2022 HVAC and 2022 water heater. Conveniently located just off I-75 with an easy drive to Downtown Tampa, shopping, dining and more. This is a truly special property offering acreage, thoughtful renovations, privacy and plenty of space to enjoy Florida living!
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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 23, 2026 | Sold | ||
| Sold | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by CENTURY 21 BILL NYE REALTY | $459,900 | |
| Listed by CENTURY 21 BILL NYE REALTY | |||
| Sep 22, 2021 | Sold | ||
| Sold | |||
| Aug 21, 2021 | Listed by CENTURY 21 BILL NYE REALTY | $250,000 | |
| Listed by CENTURY 21 BILL NYE REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017