1021 Edgehill Ave

Spring Hill, FL 34606
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3 bd, 2 ba | 1,986 sqft | Built in 1980

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List Price
$259,000

Initial Investment

$70,578

Purchase Price

$259,000

Down Payment

25%

Rent

$1,900

Total Return

$199,091

Annualized Return

30.2%

Cap Rate

5.1%

Gross Yield

8.8%

Cash Flow

-$1,618

Appreciation

12.7%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

23,897

HOA

None

Flood Risk

Not Required

One or more photo(s) has been virtually staged. Exceptional Spring Hill Gem: Spacious .55 Acre No HOA/CDD Haven
Nestled in the serene landscape of Spring Hill, FL, this remarkable property offers the perfect blend of comfort, space, and freedom. Boasting a generous .55-acre lot, this home is a rare find in a sought-after location, where the tranquility of nature meets the convenience of city living.
Step inside this exquisite residence to discover a meticulously designed layout, featuring three well-appointed bedrooms and a versatile bonus room. The bonus room, large and equipped with elegant double doors, offers endless possibilities: transform it into your dream home office, an entertainment hub, or a creative studio—the choice is yours!
The heart of the home is the primary bedroom, a private retreat with its own en-suite bathroom and spacious walk-in closet. The remaining bedrooms are equally inviting, offering ample space and natural light.
The living areas are a testament to thoughtful design, with NO CARPET throughout. Instead, the floors gleam with high-quality tile and vinyl, ensuring both durability and ease of maintenance. The open-plan kitchen and living space are perfect for gatherings, seamlessly connecting to the fully fenced backyard, where outdoor living and entertaining can be enjoyed in privacy.
Highlighting the practical aspects of this home, the 2-car garage provides ample storage and convenience. But what truly sets this property apart are the NO HOA & NO CDD declarations, granting you the liberty to live without the constraints of community fees and regulations.
Located just minutes from the enchanting Weeki Wachee Springs, this home is a haven for nature lovers and outdoor enthusiasts. The spring’s crystal-clear waters and mermaid shows are a unique local treasure, offering endless recreation and relaxation.
Don’t miss the opportunity to own this piece of Spring Hill paradise, where freedom, space, and beauty converge to create the perfect place to call home.

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$21,660

Expenses

-$5,647

Property Taxes

-$3,550

Loan Payments

-$14,081

Net Cash Flow

-$1,618

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Chelo Alonzo
Agent License 3430542
FLORIDAS A TEAM REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #W7863122
Last Updated: 03/28/2024 18:03
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