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1559 FLANGE DRIVE
About This Property
Thoughtfully laid out with an open-concept design, the home features two generously sized primary suites, making it ideal for larger families, multi-generational living, or hosting guests with ease. The main living spaces flow seamlessly together, creating an inviting environment for everyday living and entertaining alike.
At the heart of the home is a stylish kitchen complete with granite countertops, stainless steel appliances, modern cabinetry, and an oversized island overlooking the living and dining areas. Durable tile flooring throughout the main level adds both practicality and low-maintenance appeal. Large sliding glass doors open to a private screened lanai with a sparkling pool and spa, offering the perfect setting to relax or entertain year-round.
Adding even more functionality, the converted garage has been transformed into a dedicated game and recreation area, providing additional entertainment space for residents and guests. The property is being sold fully furnished, allowing for a truly turnkey experience, with a complete inventory list available upon request.
Owners and guests enjoy access to an impressive range of resort amenities, including a clubhouse, fitness center, theater room, arcade and game areas, water park attractions, lazy river, and more. The HOA also covers exterior maintenance, making ownership especially convenient.
Ideally positioned just minutes from Walt Disney World, major shopping destinations, restaurants, and key highways, this home presents an outstanding opportunity in a highly desirable short-term rental-friendly community.
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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 11, 2026 | Price Decreased |
$499,900
↓ $30K
(5.7%) | |
| Price Decreased | |||
| Aug 7, 2026 | Relisted | $530,000 | |
| Relisted | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| May 15, 2026 | Listed by THE AGENCY FL | $530,000 | |
| Listed by THE AGENCY FL | |||
| Dec 7, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017