1120 ROBIE AVENUE
About This Property
This impressive property offers 3 bedrooms and 2 bathrooms, with a spacious design that includes a large family room, a formal dining room, a Florida room and a kitchen with a convenient breakfast bar. The home also features an office area, a three-car attached garage, a separate boat garage, a storage building, and a workshop-perfect for hobbyists or additional storage. Situated on nearly half an acre of land enclosed by a chain-link fence, the property overlooks the Mount Dora City Golf Course. Minutes from downtown Mount Dora which is known for its many festivals each year, its unique stores and local restaurants. Mount Dora sits on the Harris Chain of Lakes and the marina with a boat launch is a short distance away should you want to put your boat into the chain for those lazy days of summer. Schedule your private showing today.
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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 |
|---|---|---|---|
| Mar 27, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Price Decreased |
$290,900
↓ $89K
(23.4%) | |
| Price Decreased | |||
| Feb 15, 2025 | Relisted | $379,900 | |
| Relisted | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017