8018 PHILATELIC DRIVE
About This Property
Many Upgrades and enhancements. You will love the beautiful Granite counter tops and the awesome sunroom! Step inside to discover a bright, open floor plan with modern touches throughout. The AC is only 5 years old keeps the home comfortable year-round, while the architectural shingle roof (3 years old) provides peace of mind for years to come. Under ground utilities (very helpful - rarely has outages!) and fiber optic internet is available! Enjoy energy efficiency and storm protection with hurricane/impact-resistant windows throughout most of the home. The freshly painted exterior enhances curb appeal, and the large fenced backyard offers privacy as it backs up to a serene wooded area - perfect for relaxing or entertaining. Cool off in your private pool while the little ones use the spa as a kiddie pool! The back yard is perfect for your pets or make it into a gardening oasis. The property offers a great start for the gardener with some young tropical fruit trees including banana, loquat, mango, citrus, and several pineapple plants. Don't miss this Florida gem-move-in ready and close to top local attractions!
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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 |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 12, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2025 | Price Decreased |
$375,000
↓ $13K
(3.4%) | |
| Price Decreased | |||
| Aug 20, 2025 | Price Decreased |
$388,000
↓ $7K
(1.8%) | |
| Price Decreased | |||
| Aug 1, 2025 | Price Decreased |
$395,000
↓ $15K
(3.6%) | |
| Price Decreased | |||
Property Highlights
Building Info
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About Spring Hill
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$2,100 /mo
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- 1,722 ft²
$2,000 /mo
- 3 Beds
- 2 Baths
- 2,020 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017