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1825 NORMANDY DRIVE
About This Property
Ideally located approximately 10 blocks from vibrant Downtown Mount Dora, you'll enjoy easy access to local boutiques, waterfront parks, dining, festivals, and everything this highly sought-after town has to offer - all while enjoying the peace and privacy of a tree-lined setting.
Surrounded by mature trees, the property offers a serene, natural backdrop and plenty of shade. One of the standout features is the oversized 24x20 screened back patio - an incredible space for entertaining, relaxing, or enjoying Florida's beautiful weather year-round.
With generous living space, a desirable location, and endless potential, this home presents a rare opportunity to invest in one of Central Florida's most charming communities.
Schedule your private showing today and envision the possibilities!
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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