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1761 LEGION DRIVE
About This Property
The floor plan balances formal entertaining with relaxed everyday living. The foyer opens to a gracious formal living room, with a dedicated dining room to the right and a private office to the left, an ideal setting for hosting guests or working from home. Toward the rear of the home, the large gourmet kitchen with custom cabinetry and Sub-Zero and Wolf appliances flows into a sunny eat-in dining area and a family room anchored by a fireplace, with expansive sliding glass doors connecting to the outdoor living spaces. The private first-floor primary suite opens directly to the lanai and pool and includes a spa-inspired bath with steam shower and custom his-and-her walk-in closets. A second ground-floor bedroom offers flexibility for guests or multigenerational living. Upstairs, a spacious loft with custom dry bar leads to a media room and three additional en-suite bedrooms.
Enhancements include a whole-house generator supported by a 250-gallon buried propane tank and new pool solar equipment. Year-round comfort comes from three A/C systems serving four climate zones, including a zone dedicated to the primary suite. Outdoors, a heated saltwater pool and spa, stone decking, outdoor shower, and ambient lighting make the most of the expansive grounds.
A homesite of this size, this close to the shops, dining, parks, and charm of downtown Winter Park, is increasingly hard to find.
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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.
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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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About Winter Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017