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7407 PHILATELIC DRIVE
About This Property
Major updates provide peace of mind, including a roof replaced in 2016, newer windows installed in 2019, AC replaced in 2020, and a hot water heater approximately 5 years old.
Step inside and enjoy a thoughtfully designed floor plan featuring both a formal living and dining room, along with a spacious family room, providing multiple areas to relax and gather. This home has been completely updated with stylish finishes throughout, creating a fresh and move-in-ready atmosphere.
Enjoy Florida living at its best with the covered,screened-enclosed patio and included hot tub - the perfect place to relax and unwind after a long day. The fenced backyard offers privacy and additional outdoor space, complete with a storage shed for all your tools, lawn equipment, and extra storage needs.
Conveniently located just minutes from local shopping, restaurants, medical facilities, and everyday amenities, plus the famous Weeki Wachee River where you can enjoy kayaking, boating, swimming, and Florida's beautiful natural surroundings.
Don't miss the opportunity to own this beautifully updated Spring Hill home - schedule your private 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 |
|---|---|---|---|
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Jul 12, 2026 | In contract | - | |
| In contract | |||
| Jul 7, 2026 | Listed by HORIZON PALM REALTY GROUP | $315,000 | |
| Listed by HORIZON PALM REALTY GROUP | |||
| Apr 27, 2022 | Sold | ||
| Sold | |||
| Mar 22, 2022 | Listed by HORIZON PALM REALTY GROUP | $285,000 | |
| Listed by HORIZON PALM REALTY GROUP | |||
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017