117 WALKERS POINT DRIVE
About This Property
The oversized primary suite features a tray ceiling, spacious walk-in closet, garden tub, separate walk-in shower, and French doors with integrated blinds providing direct access to the screened lanai. A large interior laundry room with a utility sink adds everyday convenience.
Additional improvements include upgraded Pella windows and a water heater installed in 2026. The three-car garage provides ample room for vehicles, storage, and recreational equipment.
Outside, the screened lanai overlooks a fully vinyl-fenced backyard with St. Augustine grass, established landscaping, and retaining-block flower beds. Professionally installed gutters with drainage provide added exterior functionality.
Located within a gated, sidewalk-lined community with decorative streetlamps along the walkways, the property offers convenient access to I-4, Auburndale shopping and dining, and Orlando-area attractions. The property is located in an area that may qualify for USDA financing, subject to lender, buyer, and property eligibility requirements. A one-year home warranty is included with an acceptable purchase agreement. Natural gas service may be available nearby; buyers should independently verify availability, connection requirements, and associated costs.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017