16631 Rising Star DRIVE
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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 26, 2024 | Sold | ||
| Sold | |||
| Apr 3, 2024 | In contract | - | |
| In contract | |||
| Mar 24, 2024 | Price Decreased |
$432,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Feb 22, 2024 | Listed by EXP REALTY LLC | $437,000 | |
| Listed by EXP REALTY LLC | |||
| | |||
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NEWLY RENOVATED POOL HOME JUST 9 MILES FROM Disney!! *Sold FULLY FURNISHED with high end furnishings!* Would make a great Airbnb or Primary Residence! This gorgeous 4 BEDROOM, 3 FULL BATHROOM home is located in the sought after Sunrise Lakes community in beautiful Clermont, FL. ROOF (2019) The spacious floor plan offers not one but TWO PRIMARY SUITES, each with a WALK-IN CLOSET AND EN-SUITE! The TALL CEILINGS and MODERN FINISHES give this home a luxurious feel. The UPDATED KITCHEN (2022) features STAINLESS STEEL APPLIANCES, NEW QUARTZ WATERFALL EDGE COUNTERTOPS, CUSTOM BUILT RANGE HOOD, TILE BACKSPLASH and FLOATING ACCENT SHELVES. The LAUNDRY ROOM and GARAGE ENTRANCE is located just off the kitchen for easy access. This home features upgrades galore, including a NEW HVAC (2022) LVP FLOORING (2022) INTERIOR PAINT (2022) NEW LIGHT FIXTURES (2022) CUSTOM ACCENT WALL and NEW ELECTRIC FIREPLACE (2022) Sliding glass doors in the living room lead out to your own PRIVATE OASIS featuring a LARGE COVERED PATIO and SPARKLING POOL with a NEWLY SCREENED ENCLOSURE. (2023) SOLAR PANELS for easy POOL HEATING. All three bathrooms have also been UPDATED with new quartz countertops and light fixtures! The Sunrise Lakes Community offers a COMMUNITY POOL, PLAYGROUND, and is CONVENIENTLY LOCATED near plenty of shopping/dining options! Just a short drive to Disney and other entertainment options! Call to schedule your private showing today!
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| Apr 19, 2022 | Sold | ||
| Sold | |||
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About Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017