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8168 PHILATELIC DRIVE
About This Property
From the moment you walk in, you'll feel it. Wide open living spaces, a layout that flows effortlessly, and room for everything including quiet mornings, busy weekdays, and unforgettable gatherings. Whether it's creating a home office, a game room, or simply having space to breathe, this home meets you where you are and grows with you.
Step outside and imagine the lifestyle waiting for you. Evenings under the stars, laughter with friends, and the kind of relaxation you can't put a price on, all centered around your in-ground hot tub. With plenty of outdoor space, you have the freedom to design your own backyard escape exactly how you've envisioned it.
That sense of freedom continues with no HOA, giving you the ability to truly make this home your own without added restrictions.
And here's what makes it even more compelling. This is one of the largest homes in the area at this price point, giving you the rare opportunity to customize it your way and create something truly personal.
Perfectly located near shopping, dining, parks, and just a short drive to Florida's beautiful Gulf Coast beaches, this home offers more than just square footage. It offers a lifestyle upgrade.
If you've been waiting for a home that feels different, this might be the one.
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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.
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About Spring Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017