For SaleRisky Deal12 days on market
23218 CYPRESS TRAIL DRIVE
23218 CYPRESS TRAIL DRIVE, LUTZ, FL 33549, Lutz, FL 33549
$619,000
Listing Price
23218 CYPRESS TRAIL DRIVE, LUTZ, FL 33549
Loc: Lutz, FL
Days Listed
12
Tax Assessed
$475k
Lot Size
9,000 sqft
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Lake Myrtle Elementary School
PK-5
1.3 mi away
7
Charles S. Rushe Middle School
6-8
4.7 mi away
7
Sunlake High School
9-12
4.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylesingle-storystucco exteriorattached garagelandscaped front yardpalm treesconcrete drivewaycovered entrywaycolumnssuburbantraditionalwell-maintainedgabled roof
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.04%
Total ROI
90.1%
Cash Flow
$-97/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-97/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Lutz
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-18 | Price change | $619,000 | $234 |
| 2026-09-11 | Listed for sale | $625,000 | $236 |
| 2026-09-03 | Listed for rent | $3,795 | $1 |
| 2026-08-27 | Listing removed | $3,600 | $1 |
| 2026-08-18 | Price change | $3,600 | $1 |
| 2026-07-21 | Listed for rent | $3,995 | $2 |
| 2026-07-20 | Listing removed | $4,225 | $2 |
| 2026-07-19 | Price change | $4,225 | $2 |
| 2026-05-01 | Listed for rent | $4,235 | $2 |
| 2024-07-19 | Sold | $590,000 | $223 |
| 2024-06-20 | Pending sale | $625,000 | $236 |
| 2024-06-01 | Listed for sale | $625,000 | $236 |
| 2009-11-06 | Sold | $259,000 | $98 |
| 2008-04-30 | Listing removed | $340,000 | $128 |
| 2008-01-11 | Listed for sale | $340,000 | $128 |
| 1996-06-20 | Sold | $165,000 | $62 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,551.46 | $474,813 |
| 2024 | $4,687.41 | $302,490 |
| 2023 | $4,516.77 | $302,490 |
| 2022 | $4,063.88 | $293,680 |
| 2021 | $3,990.88 | $276,830 |
| 2020 | $3,929.32 | $273,010 |
| 2019 | $3,824.04 | $264,265 |
| 2018 | $3,824.04 | $259,338 |
| 2017 | $3,755.15 | $243,978 |
| 2016 | $4,235.97 | $227,772 |
| 2015 | $3,982.29 | $219,618 |
| 2014 | $3,527.06 | $200,345 |
| 2013 | $0 | $188,856 |
| 2012 | $0 | $187,235 |
| 2011 | $0 | $194,084 |
| 2010 | $0 | $191,977 |
| 2009 | $0 | $214,467 |
| 2008 | $0 | $266,741 |
| 2007 | $0 | $294,391 |
| 2006 | $0 | $273,414 |
| 2005 | $0 | $214,619 |
| 2004 | $0 | $176,239 |
| 2003 | $0 | $171,471 |
| 2002 | $0 | $164,452 |
| 2000 | $0 | $145,768 |
| 1999 | $0 | $145,768 |
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