1162 ALDER TREE DRIVE
About This Property
Welcome to Hilltop Reserve! This stunning 3-bedroom, 2-bathroom home is situated on a corner lot.
As you step inside, you'll be greeted by a bright and airy open floor plan, flooded with natural light. The design is perfect for entertaining, with the kitchen overlooking the living room, which features tray ceilings and a dining room combo. The large gourmet kitchen is a chef's dream, boasting stainless steel appliances, a four-burner gas stove, 42" soft-close cabinets, under-cabinet lighting, quartz countertops, a beautiful glass tile backsplash, and a massive island that comfortably seats up to six persons-ideal for family gatherings or hosting friends.
The spacious master suite is a true retreat, designed with relaxation in mind. It features a tray ceiling, a large ceiling fan, and ample space for additional furniture or a flex area. The en suite bathroom offers a luxurious escape, providing the perfect spot to unwind after a long day.
Two additional generously-sized bedrooms share an updated full bathroom, and there's also an extra room, perfect for a home office or study. Throughout the home, you'll find upgraded features such as recessed lighting, pendant lights, 8-foot tall panel doors, and a large ceiling fan in the living area.
Other highlights of this home include an oversized two-car garage, a separate mudroom for added storage, and a large indoor laundry room. The expansive, fenced backyard is ideal for outdoor enjoyment, with an extended covered lanai that's perfect for family barbecues or entertaining.
The community offers a resort-style pool, a park, and a playground. Conveniently located just off 414, this home provides easy access to 429 and is close to shopping, restaurants, schools, and parks.
This home is a MUST SEE! Don't miss out-schedule your 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 28, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Jan 29, 2025 | Price Decreased |
$449,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Jan 26, 2025 | Price Decreased |
$459,990
↓ $8
(0%) | |
| Price Decreased | |||
| Jan 25, 2025 | Price Decreased |
$459,998
↓ $5K
(1.1%) | |
| Price Decreased | |||
Property Highlights
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About South Apopka
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$2,700 /mo
- 3 Beds
- 2 Baths
- 2,147 ft²
$2,700 /mo
- 3 Beds
- 2 Baths
- 2,147 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017