116 Flame Vine WAY
About This Property
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 16, 2024 | In contract | - | |
| In contract | |||
| Mar 8, 2024 | Price Decreased |
$379,990
↓ $20K
(5%) | |
| Price Decreased | |||
| Jan 11, 2024 | Listed by EXP REALTY LLC | $399,990 | |
| Listed by EXP REALTY LLC | |||
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Welcome to one of the best 55+ communities in Central Florida! This adorable 2/2 plus office home has all the features you're looking for without having to compromise on space! With two beautiful porches (front and back), you'll enjoy sunrises, sunsets, nature watching, and interacting with your neighbors! The expansive kitchen features a breakfast nook and bar seating, stone counters, and gas cooking! Feel connected while entertaining your friends and family with this open-concept home! The massive living room connects to the kitchen and to the formal dining room and looks out to your backyard! The primary bedroom has a large walk-in closet! Split sinks and a makeup vanity in the bathroom and a separate shower and garden tub! Bedroom 2 features a Murphy bed for your convenience! The office is adorned with laminate flooring and is in the perfect spot for privacy, yet in the center of the home. It can also make a great spot for an extra bedroom or playroom for the dogs or grandkids! An enclosed sunroom sits off the living room! Keep the windows open to enjoy the Florida breezes, or shut them in the colder months. What a perfect spot for your morning coffee!
With a newer roof, AC, and water heater (all 2 years old or less) this home is ready to go! All of this and in a community that is perfect for easy and maintenance-free living, allowing you to live the life you want! The community pools are massive and have an indoor/outdoor feature. A restaurant on-site, golf cart living, and loads of activities will ensure your guests and YOU are having loads of fun!
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| Jun 18, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017