1418 DELAWARE AVENUE
About This Property
Set on a spacious lot shaded by majestic Florida Oaks, the property exudes warmth from the moment you arrive. The extended driveway leads to a shaded carport, offering ample space for multiple vehicles and protection from the elements. A cozy front patio, tucked beneath its own awning, creates the perfect outdoor retreat to relax and enjoy the peaceful surroundings. Inside, the home welcomes you with bright and airy living and dining areas, seamlessly connected and bathed in natural light from windows on all sides. The well-appointed kitchen, an extension of the dining room, features rich dark wood cabinetry, generous counter space, and a spacious pantry-ideal for meal prep and storage. Just off the kitchen, the laundry room offers added convenience with direct access to the carport. A sunlit hallway leads to the private bedroom quarters. The first bedroom, located to the left, offers comfort and charm, while the freshly renovated full bath across the hall showcases immaculate tiling on the shower walls. Further down, the second bedroom awaits, and to the right, the primary suite features an attached half-bath and ample closet space. Step outside to your expansive backyard oasis, a lush green space perfect for entertaining, gardening, or simply unwinding. A storage shed provides extra room for tools and outdoor essentials, ensuring a tidy and functional yard. This well-maintained home offers not just a comfortable living space but also an incredible location within a vibrant community. Embrace the Florida lifestyle and make this St. Cloud gem your own!
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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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 19, 2025 | Price Decreased |
$250,000
↓ $30K
(10.7%) | |
| Price Decreased | |||
| Mar 6, 2025 | Listed by EXP REALTY LLC | $280,000 | |
| Listed by EXP REALTY LLC | |||
| May 18, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017