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806 HIGHGATE OAKS PLACE
About This Property
As you enter the home from the covered porch, the foyer welcomes you with three bedrooms at the front of the home, each featuring a walk-in closet. One of these bedrooms includes its own private bath, while the others share a full bath nearby. Just off the foyer, you'll also pass the entrance to the two-car garage and the fourth bedroom. Continuing toward the back of the home, you pass a conveniently located laundry room before entering the open kitchen, family room, and dining area-ideal for daily living and entertaining. The family room provides access to a covered back patio, perfect for outdoor relaxation. Just off the family room, the primary bedroom offers a private retreat, complete with a walk-in closet and a spacious primary bath. Enjoy the NO CDD and low quarterly HOA and Flood Zone X - so flood insurance is not mandatory. Quick access to I-4 and I-75 puts Tampa, Lakeland, and the Orlando corridor all within easy reach and you're also just a close drive away from the beaches, restaurants, shopping and nightlife. And if schools matter, Bailey Elementary, Burnett Middle, and Strawberry Crest High School, home to one of the Tampa area's top-ranked International Baccalaureate programs, are all part of the package. You've probably seen newer neighborhoods where everything feels a little too close together. This one feels different. It feels like home.
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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 |
|---|---|---|---|
| Aug 14, 2026 | Sold | ||
| Sold | |||
| Jul 7, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Listed by REAL BROKER, LLC | $429,900 | |
| Listed by REAL BROKER, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017