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1610 Wekiva Drive
About This Property
There is a beautiful lake view from the screened patio. The community offers a clubhouse, two pools, tennis courts, fitness area and activities. Close to shopping, entertainment, churches , schools and beaches. Quick access to the I-95 and Orlando. A must see in the desirable Suntree area.
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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%.
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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 |
|---|---|---|---|
| Apr 19, 2018 | Sold | ||
| Sold | |||
| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jul 30, 2017 | Listed | $253,900 | |
| Listed | |||
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Back on the Market! New HVAC June 2017. Well maintained and spacious three bedroom, two bath Lake Front home. Open floor plan, Newly carpeted rooms, kitchen with all new appliances and breakfast bar adjacent to the family room. Huge master suite, double doors entering into the master bath featuring his/her sinks, glass enclosed shower, and large walk-in closet.There is a beautiful lake view from the screened patio. The community offers a clubhouse, two pools, tennis courts, fitness area and activities. Close to shopping, entertainment, churches , schools and beaches. Quick access to the I-95 and Orlando. A must see in the desirable Suntree area. Please contact Al Jenkins/Jenkins Realty for further information at:321-208-6775The manager has listed the unit size as 1910 square feet.
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| Jan 27, 2017 | Listed by Jenkins Realty | $253,900 | |
| Listed by Jenkins Realty | |||
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About Magnolia Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017