16529 ORANGE AVENUE
About This Property
One of the home's best features is waiting outside! From the great room, step into the enclosed lanai overlooking the oversized backyard. With just over half an acre, there's plenty of room to create the outdoor space you've been dreaming about-plant fruit trees, start a garden, create a play area, or simply enjoy having extra room without the restrictions of an HOA. Located just outside Umatilla, you can enjoy the relaxed feel of small-town living while remaining close to local shopping, dining, schools, and everyday conveniences. The home is approximately 38 miles from Orlando and 49 miles from Daytona Beach, putting Central Florida attractions and the coast within reach. If you've been searching for a home with a large lot, NO HOA, spacious living area, enclosed lanai, and plenty of possibilities, this one deserves a spot on your must-see list. Schedule your private showing and come see the potential for yourself! All information is deemed reliable but is not guaranteed and should be independently verified by buyers. Room measurements are approximate and should be verified by buyers.
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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 |
|---|---|---|---|
| Aug 21, 2026 | Listed by PATTERSON REALTY | $295,000 | |
| Listed by PATTERSON REALTY | |||
| May 29, 2026 | Price Decreased |
$305,000
↓ $6K
(1.9%) | |
| Price Decreased | |||
| Apr 21, 2026 | Price Decreased |
$310,900
↓ $14K
(4.3%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by RAYTOWN HOMES & REALTY | $324,900 | |
| Listed by RAYTOWN HOMES & REALTY | |||
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NO HOA FEES FOR THIS HOME!!! Well-built, well-maintained home has so much to offer! From spacious living space (huge living room) to beautiful high and dry yard with fully screened-in back porch. 1 car attached garage, large indoor laundry room. 3 bedrooms, 2 full baths, and 1 half bath (perfect for guests), tons of storage with walk in linen closet and built in bookshelves.
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| May 20, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017