15921 HANSON VIEW DRIVE
About This Property
One of the unique features of this neighborhood is its access to a dock on the Lake Dora Chain of Lakes, just a short walk away. Whether you're a boating enthusiast or love to fish, this access adds a special touch to your lifestyle. And with no HOA, you have the freedom to enjoy your property to the fullest. Location is key, and this home is perfectly positioned just minutes from the vibrant downtown areas of both Mount Dora and Tavares. Enjoy the best of both worlds with easy access to charming shops, dining, and entertainment.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017