7397 ROYAL OAK DRIVE
About This Property
The KITCHEN is a chef's dream, with a BRICK-SURROUND COOKTOP, DOUBLE WALL OVENS, LARGE CENTER ISLAND, WET BAR WITH SEATING, and a BREAKFAST NOOK with views of the private yard. Need space for guests or multi-gen living? There are FOUR GUEST BEDROOMS, including one with ENSUITE BATHROOM AND PRIVATE LANAI ACCESS-perfect for an IN-LAW SUITE, home office, gym, or nursery.
The PRIMARY BEDROOM SUITE features TWO CEDAR-LINED WALK-IN CLOSETS, a DRESSING VANITY, and a GARDEN TUB + WALK-IN SHOWER that feels like a spa retreat.
But the real showstopper is out back: over 500 SQUARE FEET OF COVERED OUTDOOR SPACE with a SCREENED LANAI, POOL AND SPA, and a BUILT-IN OUTDOOR KITCHEN-perfect for entertaining under the stars while wildlife strolls by. Deer and other Florida favorites are frequent visitors here, adding to the peaceful, resort-style vibe. Recent updates include a NEW ROOF (2021), NEWER HOT WATER HEATER plus you get an INDOOR LAUNDRY ROOM, 12-ZONE SPRINKLER SYSTEM WITH IRRIGATION WELL, and a FENCED BACKYARD. Located in SPRING HILL, FL, LAKE IN THE WOODS offers an unbeatable lifestyle with 24-HOUR SECURITY, PICKLEBALL & TENNIS COURTS, FISHING LAKE ACCESS, DOG PARK, PLAYGROUND, and even TRAILER/BOAT STORAGE - all with NO CDD FEES AND NO FLOOD ZONE!
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Relisted | $537,500 | |
| Relisted | |||
| Sep 26, 2025 | In contract | - | |
| In contract | |||
| Sep 12, 2025 | Relisted | $575,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017