1109 NEEDLEWOOD LOOP
About This Property
As you enter, you'll notice the bright and open layout, complemented by newly installed luxury vinyl plank flooring in the main living areas downstairs. The kitchen is open and inviting, featuring stainless steel appliances, quartzite countertops, and plenty of cabinet and counter space to meet all your daily needs.
The spacious family room flows seamlessly into the outdoor living area, where two sets of sliding glass doors open to a fully screened lanai and a beautifully refinished pool-ideal for relaxing or entertaining. The private backyard is enclosed with a new vinyl fence and includes a convenient storage shed.
Upstairs, a dual staircase leads to five well-proportioned bedrooms, including a generous primary suite with tray ceilings, a large walk-in closet, soaking tub, and dual vanities. A recently updated guest bathroom upstairs adds modern comfort, while the sixth bedroom is located on the main floor with easy access to the full pool bathroom-perfect for guests or a home office.
Additional highlights include an indoor laundry room with a newer washer and dryer, a two-car garage, a new roof installed in 2018, and fresh exterior paint. This home is situated in a quiet, peaceful neighborhood with low HOA fees and is zoned for top-rated schools, including Rainbow Elementary and Oviedo High. With shopping, dining, and access to SR-417 just minutes away, this home offers the best of both convenience and tranquility.
Come see everything this beautiful Oviedo home has to offer.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017