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7501 RUSTIC DRIVE
About This Property
Offering approximately 2,206 square feet, 5 sleeping rooms, 3 full baths, 13 beds, and accommodations for up to 16 guests, the property has been thoughtfully designed around group travel, sporting events, family gatherings, and weekend getaways. The real showstopper is the amenity-packed outdoor space featuring a 20x44 private pickleball/basketball court, year-round heated pool, 7-person hot tub, fire pit, pergola with string lights and swing chairs, outdoor dining, BBQ area, and cornhole. Inside, the converted garage adds another entertainment destination with Pac-Man arcade, basketball arcade, mini pool table, gaming area, TV, and bunk accommodations.
The main living area offers an updated open-concept design with quartz countertops, modern cabinetry, stainless appliances, spacious gathering areas, and multiple king-bed accommodations. The primary suite features a walk-in closet, dual vanities, and glass-enclosed shower. The property's previous renovation also included updated flooring, cabinetry, counters, and a metal roof.
Location adds another layer to the investment appeal-approximately 12 minutes from Tampa International Airport, 15 minutes from Raymond James Stadium, and 15 minutes from Downtown Tampa and Amalie Arena, positioning the property to attract leisure travelers, football fans, concertgoers, families, and large groups throughout the year.
With its established STR presence, high guest ranking, extensive amenity package, large sleeping capacity, private pool, and Tampa location, this isn't simply a furnished home-it's a vacation-rental experience already designed to give guests a reason to book, stay, and come back.
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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.
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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