24
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1202 SUMTER STREET
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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 |
|---|---|---|---|
| Sep 14, 2026 | Listed by IM REALTY | $199,900 | |
| Listed by IM REALTY | |||
| Oct 16, 2025 | Listed | $239,900 | |
| Listed | |||
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Welcome to a uniquely flexible real estate opportunity, perfectly situated to enjoy the charm and convenience of the Leesburg, Florida area! This meticulously maintained residence is not only the ideal single-family home but presents an exceptional dual-income or investment scenario. With excellent access to Highway 44, your commute and access to local amenities and the Harris Chain of Lakes is effortless.
Step inside to discover a clever SPLIT-BEDROOM DESIGN for maximum privacy. Throughout the main living areas, you'll find the timeless appeal of ORIGINAL HARDWOOD FLOORING, lending warmth and character to the entire space. The central living room and kitchen feature an OPEN-CONCEPT floor plan, creating a wonderful area for entertaining and everyday life.
The true highlight of this property is the PRIVATE master sanctuary. This expansive suite features its own dedicated entrance off the main entry hall, ensuring supreme separation from the rest of the home. It is further enhanced by its own MINI-SPLIT A/C system—a clever feature designed to enhance comfort while significantly helping to reduce utility expenses. With space available to integrate a small kitchenette, this independent area is perfectly configured to serve as a generous in-law apartment, an independent suite for extended family, or a high-demand studio rental for a potential income stream. Simply add the kitchenette and utilize the spacious backyard for dedicated parking, and you have a property that truly pays for itself!
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| Sep 14, 2020 | Sold | ||
| Sold | |||
| Mar 10, 2020 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017