1129 ELKHART CIRCLE
About This Property
*Secure Living in a Golf Cart Community*
This professionally maintained and renovated 2-bedroom, 2-bathroom manufactured home is a rare find in Lake Frances Estate, a highly sought-after 55+ community in Lake County. Recent updates include a new AC unit installed in 2024 and a roof maintenance in 2025. Featuring solid floor all around. Take advantage of the furniture included in the package. Just a small walk to the community center and you can participate in all the activities and introduce yourselves to others like you. 2 swimming pools, large center for the activities, library, pool tables and more. Come find out.
*Enjoy Lake Life and Small-Town Charm*
Lake Frances Estate is a vibrant golf cart community where you can easily get around. Take your golf cart to grocery shopping or explore downtown Tavares, where you'll find a variety of restaurants, festivities, and community projects.
*Don't miss this opportunity to own a piece of paradise*
Make an appointment to see this unique jewel!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 26, 2026 | Price Decreased |
$134,000
↓ $5K
(3.6%) | |
| Price Decreased | |||
| Feb 19, 2026 | Relisted | $139,000 | |
| Relisted | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017