119 MOORGATE DRIVE
About This Property
Now offered at a significantly reduced price, this spacious 5-bedroom, 3.5-bath pool home in a gated Davenport community is one of the best values currently available. Featuring a new roof (2024), this well-maintained property offers immediate peace of mind and long-term savings.
The flexible floor plan provides ample space for families, multi-generational living, or work-from-home needs. Enjoy Florida living with a private screened pool overlooking a peaceful pond, perfect for relaxing or entertaining.
Short-term rentals are allowed, making this an excellent opportunity for investors seeking an income-producing property, vacation home, or second residence. Conveniently located near major highways, shopping, dining, and Central Florida attractions.
Priced to sell - don't miss this opportunity. Schedule your showing today.
With its size, versatility, recent updates, and improved pricing, this home presents a compelling opportunity in today's market. Schedule your private showing today.
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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 |
|---|---|---|---|
| Mar 19, 2026 | Sold | ||
| Sold | |||
| Feb 12, 2026 | In contract | - | |
| In contract | |||
| Jan 24, 2026 | Price Decreased |
$399,900
↓ $40K
(9.1%) | |
| Price Decreased | |||
| Jan 3, 2026 | Price Decreased |
$439,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Nov 14, 2025 | Relisted | $449,900 | |
| Relisted | |||
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About Highgate Park
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Last Updated: 7 months ago
Data Source: Stellar MLS, MLS# O6348372
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