1701 STRATHMORE CIRCLE
About This Property
Inside, the thoughtfully designed split floor plan offers both functionality and comfort. Low maintenance ceramic tile flows throughout the main living areas, while the open concept kitchen seamlessly connects to the family room, making it ideal for everyday living and entertaining. The kitchen features stainless steel appliances, under cabinet lighting, roll out cabinetry, a large pantry, a reverse osmosis system, and stylish pendant lighting.
Step outside to the screened in patio and enjoy the fenced backyard overlooking the serene pond, perfect for relaxing evenings or weekend gatherings. Additional upgrades include new blinds, a water softener, and a reverse osmosis water dispenser for added convenience.
Lancaster at Loch Leven offers a playground, low HOA dues, and a prime Mount Dora location with easy access to downtown Mount Dora, shopping, dining, and major highways. This home offers the ideal blend of serenity, thoughtful upgrades, and move in ready condition. Schedule your showing today.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017