1531 JEFFERSON DRIVE
About This Property
Welcome to 1531 Jefferson Drive, a truly move-in ready sanctuary in enchanting Mount Dora! For the discerning homebuyer seeking historic charm with modern luxury, this extensively updated 2-bedroom, 1-bathroom concrete block residence offers an unparalleled opportunity to embrace the quintessential Mount Dora lifestyle.
Imagine life moments from vibrant downtown Mount Dora. Stroll quaint, tree-lined streets with unique boutiques, art galleries, and antique shops. Enjoy leisurely afternoons at the waterfront in Elizabeth Evans Park, watching seaplanes on Lake Dora. Indulge in diverse dining, from charming cafes to upscale restaurants. Enjoy local schools, city parks, and convenient access to major roadways for easy Orlando commutes. This prime location fosters a strong sense of community, truly setting Mount Dora apart.
Step inside this delightful home, where no detail has been overlooked. You'll be greeted by brand-new, high-quality tile flooring flowing seamlessly throughout. New double-pane windows flood every corner with natural light, enhancing the bright, airy atmosphere.
The heart of this home is the stunning gourmet kitchen, completely renovated in 2019. It's a chef's dream, boasting modern cabinetry, sleek fixtures, and dazzling granite countertops. The spa-like bathroom has also been tastefully updated with contemporary design elements, featuring modern finishes for a serene retreat.
Peace of mind comes standard with significant system upgrades:
New HVAC System (2022): Enjoy reliable, energy-efficient comfort year-round.
Gas On-Demand Water Heater (2020): Endless hot water and energy savings, with a new gas line.
Roof Replaced (2018): Excellent protection and enhanced curb appeal.
New Electrical Panel & Updated Outlets: Including GFCI protection for safety.
Entire Home Re-plumbed: Worry-free water flow throughout.
This charming ranch offers the rare combination of an incredible location and a thoroughly updated home. You're left with nothing to do but unpack and start living your best life in one of Central Florida's most desirable towns.
You truly must experience 1531 Jefferson Drive in person to fully appreciate the extent and quality of the updates and envision your future in this captivating Mount Dora community. Don't miss your chance to own this fantastic, updated residence!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017