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$629,900

Sale Pending
12305 Freesia Ct, Riverview, FL 33569
5 Beds
4 Baths
3,001 Square Feet
0.26 Acres Lot
Built in 2001
Sale Pending
1 Units
Checked: 9 hours ago
Updated: Sep 05, 2025 at 10:16AM

Investment Summary


Monthly Cash Flow
-$1,181
Cap Rate
3.9%
Cash-on-Cash Return
-9.8%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.5%

Property Description


0.26 Acres Lot
Built in 2001
Sale Pending
1 Units

Welcome to the HIGHLY SOUGHT-OUT community of Riverwatch! This INCREDIBLE POOL HOME is nestled within a PRIVATE-GATED COMMUNITY. Close enough to Tampa for convenience, yet far enough to enjoy the peace and quiet of suburban living. With 3,001 square feet of living space, this spacious floor plan truly says, I am the one! Featuring 3 Car garage, 5 full bedrooms, 3 full bathrooms, and a half bath located in the upstairs bonus room (adding approximately 518 sq. ft. of private living space), this home offers flexibility for a variety of lifestyles. The floor plan is especially versatile, boasting (2) OWNER suites on the main level each accompanied by tastefully updated FULL bathrooms and flooring with tailored accents. 2019 NEW CUSTOM FRONT DOORS, 2024-2025 ALL NEW REMODELED BATHROOMS, NEW BASEBOARDS COMPLETED AND INSTALLED WITH ATTENTION TO DETAIL. Owner's Suite #1 showcases beautiful slate flooring, huge CUSTOM WALK-IN CLOSET and sliding glass doors leading directly to your private pool deck, creating the perfect retreat. Stylish WOOD FLOORING runs throughout the main floor, complemented by BRAND NEW TILE FLOORING in the foyer, setting a welcoming and elegant tone as you enter. Enjoy a spacious kitchen, gas stove cooking, perfect for meal prep and hosting large gatherings. Step out back to your private pool patio, ideal for relaxing or entertaining. The recent addition of TONGUE AND GROOVE PINE PANELING under the patio roof adds a warm, rustic charm that completes the outdoor oasis. Situated on a quiet CUL-DE-SAC under a serene canopy of mature trees, this home offers both privacy and tranquility. Making it a true gem in Riverwatch. Don't miss your chance to make this beautifully updated home your own!

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Location


Property Details


Parking

  • Description: Garage Door Opener, Parking Pad
  • Details: Attached
  • Garage Spaces: 3
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 5

Bathroom Information

  • # of Baths (Full): 4
  • # of Baths (Total): 4.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 2
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Slab
  • Roof Type: Gable or Hip
  • Roof Material: Shingle
  • Pool: Yes

HOA

  • Has HOA: Yes
  • Association: McNeil Management Services, Inc
  • HOA Fee: $400/semi-annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: U2230202SK000001000670
  • Lot Size: 11125 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 2001

Tax Information

  • Annual Tax: $3,625

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Hillsborough

Listing Details


Listed by:
Kim Guillory
CENTURY 21 BEGGINS ENTERPRISES
(850) 687-7048

Source:
Stellar MLS
MLS#: TB8403273
Stellar MLS

Investment Summary


Monthly Cash Flow
-$1,181
Cap Rate
3.9%
Cash-on-Cash Return
-9.8%
Debt Coverage Ratio
0.63
Internal Rate of Return (5 years)
-5.5%

Purchase Details

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Purchase price:
$629,900
Amount financed:
-$503,920
Down payment:
$125,980
Closing costs:
$18,897
Rehab costs:
$0
Initial cash invested:
$144,877
Square feet:
3,001
Cost per square foot:
$210
Monthly rent per square foot:
$1.17

Financing Details

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Loan amount:
$503,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$3,227
Property tax:
$302
Insurance:
$245
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,774

Operating Income

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% Rent Monthly Yearly
Gross rent:
$3,500 $42,000
Vacancy loss: (6%)
6% -$210 -$2,520
Operating income:
$3,290 $39,480

Operating Expenses


% Rent Monthly Yearly
Property taxes: (9%)
9%-$302-$3,625
Insurance: (7%)
7%-$245-$2,940
Property management: (8%)
8%-$280-$3,360
Repairs & maintenance: (5%)
5%-$175-$2,100
Capital expenditures: (5%)
5%-$175-$2,100
HOA fees: (2%)
2%-$67-$804
Total operating expenses: (36%)
36%-$1,244-$14,929

Cash Flow


Monthly Yearly
Net operating income:
$2,046 $24,552
Mortgage payments:
-$3,227 -$38,724
Cash flow:
-$1,181 -$14,172