Off-Market Property at 11744 Crowned Sparrow Ln, Tampa, FL 33626

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $180 per day and long-term for an average of $3,020 per month, based on similar listings in the area. Estimated short-term cap rate of 0.7%. Estimated long-term cap rate of -1.2%. Under contract-accepting backup offers. This beautiful 3 bedroom, 2.5 bathroom corner unit townhouse offers an open floor plan, spacious loft area and a 2-car garage, in the highly sought-after Townhomes of West Lake. The large chef's kitchen boasts 42 inch white cabinets, built-in wine rack, stainless steel appliances, a walk-in pantry and an oversized island with quartz counter tops. The kitchen flows seamlessly into the dining and living areas. A perfect layout for entertaining. The positioning of the end unit provides the benefit of the additional yard space and more windows for natural light. Indoor laundry can be found on the first floor as well as an outdoor patio ideal for grilling and relaxing. The 2nd floor loft is the perfect space for an in-home office, family play area or game room. It leads to a full bathroom that includes a shower and tub. The spacious primary suite features a large walk-in closet and en-suite bathroom with dual vanities, a water closet for added privacy, and a glass-enclosed shower. Two additional generously sized bedrooms also include walk-in closets, and a bathroom with full size tub. Home upgrades include whole house water filtration, Hurricane shutters, EV charging station in garage, smart locks. HOA includes sewer and water. Enjoy this gated, pet-friendly community with dog walking stations, a community mail area, seasonal gathering at the community building and a beautifully maintained pool and patio area. Situated in the family-friendly area of Westchase, this home is just minutes away from Citrus Park Mall, shopping plazas, diverse dining options, and scenic walking/biking trails. Quick access to the Veterans Expressway (5 mins) and Tampa International Airport (17 mins) Downtown Tampa and nearby beaches.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$282
Rental Policy
daily
Yearly Taxes
$6960
Bedrooms
3
Bathrooms
3
SQFT
2,200
Furnished
N/A
Year built
2016
Listing Status
Off Market
MLS
TB8312628

Short-term Rental Potential
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$45,972

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$227

Price/SQFT

Long-term Rental Potential
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$36,240

Revenue
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Profit
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Cap rate
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Cash on Cash
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$3,020/mo

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