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121 LOWELL ROAD
About This Property
Step inside to a freshly painted interior and a warm, welcoming atmosphere featuring a wood-burning fireplace, perfect for cozy evenings at home. The spacious layout provides comfortable living areas and well-appointed bedrooms, making this home ideal for everyday living and entertaining.
Step outside and discover your own private retreat! The resurfaced pool, completed in 2023, is surrounded by a large screened-in lanai, creating an expansive outdoor living space where you can relax, entertain, and enjoy the Florida lifestyle year-round.
This home has been thoughtfully updated with numerous major improvements, including a 2023 roof and gutters, 2024 exterior paint, 2026 interior paint, and 2024 attic insulation. The HVAC system and water heater were replaced in 2021, along with the pool pump, providing added efficiency and peace of mind. Solar panels are already in place and will be paid off by the seller at closing, allowing the new homeowner to enjoy the benefits of solar without assuming the existing balance.
Best of all, there is NO HOA, giving you greater freedom and flexibility. With a spacious lot, side-entry garage, long driveway, private pool, large screened lanai, and an impressive list of updates, this home is ready to welcome its next owner.
Located in Winter Haven with convenient access to several lakes, local shopping, dining, recreation, major roadways and more. Come see all this move-in-ready pool home has to offer!
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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%.
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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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About Cypress Gardens
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017