Residential Income
237 RED MAPLE PLACE, Brandon, FL 33510
For Sale
New
$129,900
RMC-16 zoning accompanies a residence with central air, stone counters, and a balcony.
Property Size990 SF
Price / SF$141.50
Days on Market5
Property Features for 237 RED MAPLE PLACE
General Information
Standard status
Size
Property subtype
Zoning
Taxes and HOA fees
Annual Taxes
Amenities
Gated, Fitness Center, Playground, Pool
Central Air
Central, Electric
Dishwasher, Range, Refrigerator
Eat-in Kitchen, Stone Counters
Balcony, Playground
Building Details
Building Size
Year Built
Listing Agency:
PHILLIP SCOTT MANAGEMENT & INV
Listed By:
Angela Mason · License #3583556
(727) 608-7203
Source:
Evrealestate
Added: Nov 5
Changed: Nov 6
Last Checked: Nov 8 at 6:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of PHILLIP SCOTT MANAGEMENT & INV
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Investment Insights
Based on property information with market context.
Built in 1985, this residential income property has central air, an eat-in kitchen with stone counters, and a balcony. The kitchen includes a dishwasher, range, and refrigerator, with central electric service also noted.
The property is at 237 Red Maple Place in Brandon, Hillsborough County. Access directions reference State Road 60, North Kings Highway, Golden Raintree Place, and Red Maple Place; gated entry is noted.
The property is at 237 Red Maple Place in Brandon, Hillsborough County. Access directions reference State Road 60, North Kings Highway, Golden Raintree Place, and Red Maple Place; gated entry is noted.
Key Highlights
- RMC‑16 zoning
- Built in 1985
- Eat‑in kitchen with stone counters, dishwasher, range, and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,798
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,960
$216.0K
Cap Rate 7%
$154,257
$154.3K
Cap Rate 9%
$119,978
$120.0K
Market Conditions
NOI Build-Up for 918 SF
Gross rent
$20.7K $22.56/SF
− Vacancy
−$1.1K −$1.17/SF
EGI
$19.6K $21.39/SF
− OpEx
−$8.8K −$9.62/SF
NOI
$10.8K $11.76/SF
Area
Brandon, FL
Vacancy
5.20%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,960
Cap Rate 7%
$154,257
Cap Rate 9%
$119,978
Alternative Uses
Best Use
Apartment 5plus
$154.3K
$135.0K – $180.0K
NOI $10,798 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.3K
$302.2K – $402.9K
NOI $24,174 @ 7.0% cap · market cap 18.61%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
2,485
Businesses Nearby
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Business Placement
Demographics for 33510, FL
30,049
Population
12,006
Households
2.5
Avg Household Size
38
Median Age
26%
College-Educated
89%
High-School Grad
7.6 sq mi
ZIP Area
3,954
Density / Sq Mi
$71,057
Median Household Income
$40,399
Median Earnings
$1,365
Median Rent
$274,600
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Hillsborough County, FL
Properties on Market for Residential income properties in Hillsborough County
Frequently Asked Questions
What type of property is this?
Residential income property - RMC-16 zoning accompanies a residence with central air, stone counters, and a balcony.
Where is this residential income property located?
The property is located at 237 RED MAPLE PLACE Brandon, FL.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: RMC‑16 zoning; Built in 1985; Eat‑in kitchen with stone counters, dishwasher, range, and refrigerator
