Welcome home to this beautifully maintained 2-bedroom, 2-bath
residence in the highly sought-after gated 55+ community of
Hawthorne at Leesburg. Situated along the western shore of Lake
Harris and connected to the lake by a canal, Hawthorne offers an
exceptional waterfront lifestyle with a marina featuring covered
and uncovered boat slips available for lease as space permits. This
move-in-ready home is being sold completely furnished, with the
seller only taking a lift chair and personal belongings. Inside,
you'll find a spacious dining area adjoining the kitchen, complete
with a convenient breakfast bar. The comfortable living room
features a newer electric fireplace and a 65-inch television,
creating the perfect space for relaxing or entertaining. Stretching
across the front of the home is a bright and inviting bonus room
filled with natural light from numerous windows, making it ideal
for a home office, craft room, or library. The primary bedroom
includes an en-suite bath for added privacy and comfort. The
attached Florida room offers even more functional space, including
a laundry room with a new washer and dryer and a workshop stocked
with a variety of tools. Two exterior storage units provide
additional storage solutions. Residents of Hawthorne enjoy an
impressive array of amenities, including an outdoor
geothermal-heated swimming pool, two enclosed therapeutic pools,
saunas, bocce courts, shuffleboard, pickleball, tennis courts,
billiards, card rooms, and a full calendar of activities
highlighted by the popular Hawthorne Concert Series. For added
peace of mind, three emergency response vehicles are available to
residents 24 hours a day, 7 days a week. Experience the active
Florida lifestyle in this vibrant and welcoming community-schedule
your private tour today!
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.
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