1111 LONE PALM WAY
About This Property
The first-floor primary suite features French doors leading out to the screened-in lanai, creating a serene indoor-outdoor retreat. The walk-in closet includes upgraded built-in shelving, while the laundry room on the same level adds everyday convenience.
The open-concept kitchen showcases an oversized island, granite countertops, 42-inch cabinets, and stainless-steel appliances, all overlooking the living and dining areas-perfect for hosting and entertaining. Upstairs, you'll find a spacious loft, a dedicated office nook, and the home's three remaining bedrooms, offering comfort and flexibility for family or guests.
Step outside to enjoy the screened-in lanai and fully fenced backyard, ideal for relaxing evenings or weekend gatherings. Wiregrass offers resort-style amenities, including a sparkling community pool, playgrounds, and scenic walking trails surrounded by lush landscaping.
Conveniently located just off Narcoossee Road, you'll have quick access to Lake Nona's Medical City, top-rated schools, shopping, and dining. Plus, you're only an hour from Cocoa Beach and Kennedy Space Center, making weekend getaways a breeze.
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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 |
|---|---|---|---|
| Jun 27, 2026 | Price Decreased |
$525,000
↓ $15K
(2.8%) | |
| Price Decreased | |||
| Jun 5, 2026 | Price Decreased |
$540,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Apr 14, 2026 | Price Decreased |
$550,000
↓ $9K
(1.6%) | |
| Price Decreased | |||
| Mar 11, 2026 | Price Decreased |
$559,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Jan 30, 2026 | Price Decreased |
$569,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017