11837 IMAGINARY WAY
About This Property
Welcome to 11837 Imaginary Way, a beautifully designed two-story residence located in the highly desirable Storey Park community of Lake Nona. This modern home boasts 5 spacious bedrooms, 3 bathrooms, and a 3-car garage, perfectly blending style, comfort, and functionality.
From the moment you arrive, you'll notice the home's inviting paver driveway, manicured landscaping, and clean architectural lines. Step inside to find an open-concept floor plan with abundant natural light, neutral tones, and high ceilings that create a bright and airy atmosphere.
The gourmet kitchen features Quartz countertops, stainless steel appliances, ample cabinetry, and a large island perfect for entertaining. The adjoining dining and living areas provide a seamless flow for gatherings with family and friends.
Upstairs, the generously sized primary suite offers a peaceful retreat with a walk-in closet and a luxurious en-suite bathroom featuring dual vanities and a glass-enclosed shower. Additional bedrooms are versatile and ideal for family, guests, or a home office.
Step outside to a stunning private enclosed pool overlooking the pond, complete with sun shelf -perfect for relaxing or enjoying the Florida sunshine with friends and family.
As part of Storey Park, residents enjoy resort-style amenities including a community clubhouse, fitness center, swimming pools, playgrounds, and walking trails. Conveniently located near major highways, shopping, dining, and Lake Nona's Medical City, this home offers both tranquility and accessibility.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017