16548 CARAVAGGIO LOOP
About This Property
As you enter the home there is an open Formal Living/dining space, ideal for gatherings as well as an OFFICE. The kitchen is a chef's dream with its luxurious and beautiful GRANITE countertops, stainless steel appliances, including French door refrigerator, DOUBLE CONVECTION OVEN, electric stove top with the stainless steel hood, and Plentiful CABINET SPACE including BUTLERS PANTRY with additional storage space. The kitchen overlooks the family room for ease of entertaining. The master bedroom overlooks the VIEW of the pool and backyard. The master bath has a Roman tub, EXTENSIVE WALK-IN SHOWER, individual double sinks and a spacious WALK-IN closet. Laundry room with sink, is just off the kitchen enroute to the 3 CAR GARAGE. SPLIT BEDROOM PLAN. The first spacious bedroom boasts a large WALK-IN closet and ADJOINING FULL BATHROOM. The two other secondary spacious bedrooms also have WALK-IN closets and share a full bath that also leads to the lanai for convenient pool access. Additional features include 2 wells - one for irrigation one for household use. Water bill is approximately $65 per month. A generator hookup is available. The AC is a NEWER unit that was just tuned up and Septic was just cleaned out in Feb 2025. The home is IMPECCABLY, WELL MAINTANED. ALL NEW LIGHT FIXTURES AND FANS throughout the home. PLENTY OF STORAGE throughout. Although tucked away in a tranquil and serene location, this home is minutes to the Florida Turnpike, approximately 15 minutes to downtown Winter Garden, 20-30 minutes away from Downtown Orlando, 30 minutes to Orlando International Airport and the Disney Theme parks. The Community is also located only a few minutes away from the West Orange Trail, Bella Collina Country Golf and Country Club, and Montverde Academy.
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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