9038 BYRON STREET
About This Property
Whether you're purchasing your first home or simplifying into something more manageable, this beautifully maintained 2-bedroom, 2-bath home offers everyday comfort, thoughtful updates, and a desirable central location in the heart of Spring Hill. With almost 1,600 square feet of air-conditioned living space - not including the finished Florida room wrapped in windows - there's plenty of room to relax, host, and enjoy the Florida lifestyle year-round.
At the rear of the property lies a mostly dry lakebed - now a quiet marsh that attracts native wildlife. Imagine your mornings, quietly sitting in the Florida room, drinking your cup of coffee while watching the egrets and sandhill cranes. The "lake" provides a peaceful and scenic backdrop without the upkeep of waterfront property.
The home is concrete block construction, but the previous owner preferred the look of siding, so this home has the esthetic charm of a wood frame design with the durability of concrete block construction. The layout has a central kitchen with a split bedroom floorplan.
Highlights include:
• New HVAC system (2024)
• Roof replaced in 2010
• Full irrigation system
• Spacious two-car garage, with paver driveway
• Window-lined Florida room overlooking the backyard and open space beyond
Ideally situated in the heart of Spring Hill, this home is just 1.4 miles from Weeki Wachee Springs, minutes from a wide variety of dining, retail, and medical facilities, and approximately 55 minutes from Tampa International Airport.
Comfortable, convenient, and move-in ready - this home offers the perfect balance of quiet living and everyday accessibility, with the room to entertain when needed.
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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.
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