8827 E MILLPOINT ROAD
About This Property
Nestled along the scenic Alafia River, 8827 E Millpoint Rd offers a serene lifestyle with plenty of nearby attractions and conveniences. Riverview blends natural beauty with modern amenities, making it a wonderful place to live, work, and play. Outdoor enthusiasts will love the proximity to Alafia Scrub Nature Preserve and Bell Creek Nature Preserve, both ideal for hiking, birdwatching, and connecting with nature. The nearby Alafia River is perfect for kayaking, boating, and fishing, while the Manatee Viewing Center in Apollo Beach provides an up-close look at Florida's gentle sea cows during the cooler months. For shopping and dining, residents are just minutes from Winthrop Town Centre and Westfield Brandon Mall, offering a mix of local eateries, big-name restaurants, boutiques, and major retailers. Downtown Tampa is less than 30 minutes away, giving you easy access to cultural attractions like the Tampa Riverwalk, Amalie Arena, and the Florida Aquarium. Families will appreciate nearby schools and community parks, while commuters benefit from quick access to I-75 and the Selmon Expressway, making travel around the Tampa Bay area a breeze. Whether you're seeking outdoor adventure, entertainment, or everyday conveniences, this Riverview location puts it all within easy reach.
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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 |
|---|---|---|---|
| Oct 21, 2025 | Sold | ||
| Sold | |||
| Oct 3, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by LPT REALTY, LLC | $50,000 | |
| Listed by LPT REALTY, LLC | |||
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About Gibsonton
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017