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1163 LAKE DRIVE
About This Property
Heres your chance to enjoy the breathtaking views of Lake Lee and Lake Annie from this beautifully updated, move-in-ready home! Located on a spacious corner lot with mature fruit trees, this 2-bedroom, 2-bath property offers comfort, flexibility, and incredible outdoor living.
The home features a remodeled kitchen, brand-new roof (2025), new windows, new water heater (2025), and numerous updates throughout. A bright and relaxing sunroom provides the perfect spot to unwind and take in the lake views.
Need more space? This home offers plenty of room to easily convert to 3 bedrooms.
A standout bonus is the 20x30 workshop with electric-ideal for hobbies, storage, or even a home business.
Located in the desirable Waverly area, you're close to endless recreation and attractions including Bok Tower Gardens, Circle B Bar Reserve, Lake Kissimmee, and LEGOLAND, with nature, family activities, and arts just minutes away.
?? Call today to schedule your private showing and ask how you can move into this home with ZERO money down!
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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 |
|---|---|---|---|
| Sep 10, 2026 | Sold | ||
| Sold | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 1, 2026 | Price Decreased |
$210,000
↓ $3K
(1.4%) | |
| Price Decreased | |||
| Jul 12, 2026 | Price Decreased |
$213,000
↓ $2K
(0.9%) | |
| Price Decreased | |||
| Jun 25, 2026 | Relisted | $215,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017