1025 Timberview ROAD
About This Property
Step outside to enjoy the screened-in lanai and a good-sized backyard with a charming brick wall separating the property. This home offers a private outdoor space perfect for entertaining or relaxation. Additional amenities include air conditioning, a foyer, garage, and parking. Plus, it's pet-friendly with conditional pet policies. This home is surrounded by the natural beauty of Lake Apopka, Lake Minnehaha, and Lake Minneola. Residents relish in a wealth of amenities, including a community pool/spa, a splash pad, sports courts for basketball, volleyball, and pickleball, as well as inviting picnic and fire pit areas. Additionally, two dog parks cater to four-legged companions. For outdoor enthusiasts, the popular South Lake Trail offers a scenic biking route to the charming historic downtown Clermont and the picturesque lakefront in under 20 minutes. This vibrant community provides an idyllic setting for an active and fulfilling lifestyle.
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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 |
|---|---|---|---|
| Sep 23, 2024 | Sold | ||
| Sold | |||
| Aug 20, 2024 | In contract | - | |
| In contract | |||
| Aug 6, 2024 | Listed by COMPASS FLORIDA, LLC | $450,000 | |
| Listed by COMPASS FLORIDA, LLC | |||
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About Clermont
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017