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1059 BLUEGRASS DRIVE
About This Property
Breathtaking screened-in pool and pavered pool deck has plenty of room for a great pool party! The bonus... Watch birds at sunrise, rocket launches, and even 4th of July fireworks from the privacy of your pool area! Wow, that is Florida living!
This home is situated on a conservation lot with no rear neighbors, backed up to a protected waterway leading to Lakes Lucy and Emma.
Lake David Park is just 2 miles away and features a splash pad, skate park, walking trails, and a boat ramp.
NEW ROOF (2026), NEW HOT WATER HEATER (2026), HVAC system (2018), and air ducts professionally cleaned in 2026.
Found in the heart of one of the most desirable areas in Lake County, there is a small-town feel around Groveland. Enjoy local farmers' markets, shops, and restaurants. Close by, downtown Clermont has lakefront trails, breweries, coffee shops, and more. So many options! Commuting is quick and easy, only 5 minutes to the Turnpike. Look forward to seeing you for a visit soon!
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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.
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About Lexington Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017