1008 MONTEREY DRIVE
About This Property
The stunning kitchen has been completely redesigned and features quartz countertops, top-of-the-line LG stainless steel appliances, a stainless farmhouse sink, and an impressive walk-in butler's pantry complete with electric outlets for coffee makers and additional kitchen appliances. There is a lovely downstairs living room and an additional Family room upstairs complete with a custom accent wall, electric fireplace, and built in TV. Downstairs, the living room leads out to the screened pool and patio area, creating an ideal setup for entertaining. The oversized screened pool area is inviting and private, and the pool has recently been resurfaced. The backyard is fully fenced and overlooks the canal. There is also a 30-amp plug already in place for an RV or electric vehicle charging. Conveniently located downstairs is a beautifully updated half bath for guests. Upstairs you'll find spacious guest bedrooms and a fully remodeled guest bathroom showcasing beautiful tile work, updated fixtures, and modern finishes. One of the guest bedrooms even offers its own private balcony with water views. The spacious primary suite easily accommodates a king-sized bed with additional room for a sitting area and features private balcony access overlooking the pool. The luxurious primary bath has been completely remodeled with dual sinks, a soaking tub, and separate shower. Additional upgrades include a new air conditioning system with Nest remote access capability and a new water heater. Located just minutes from Venetian Gardens, downtown Leesburg, restaurants, shopping, medical facilities, boat ramps, and waterfront attractions including ski beach, this is a rare opportunity to own a move-in ready waterfront home on the Chain of Lakes.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Price Decreased |
$524,900
↓ $10K
(1.9%) | |
| Price Decreased | |||
| May 29, 2026 | Listed by MORRIS REALTY AND INVESTMENTS | $535,000 | |
| Listed by MORRIS REALTY AND INVESTMENTS | |||
| Jun 20, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017