184 Melissa TRAIL
About This Property
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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%.
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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 |
|---|---|---|---|
| Jun 27, 2025 | Price Decreased |
$495,000
↓ $10K
(2%) | |
| Price Decreased | |||
| Jun 17, 2025 | Price Decreased |
$505,000
↓ $24K
(4.5%) | |
| Price Decreased | |||
| May 28, 2025 | Listed | $529,000 | |
| Listed | |||
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Welcome to 184 Melissa Trail — Nearly 3,000 Sq Ft of Lake View Living with Endless Possibilities in Lake Arietta Reserve. Located in the private, gated community of Lake Arietta Reserve, this spacious 2-bedroom, 2-bathroom home offers 2,981 square feet of thoughtfully designed living space with panoramic lake views and flexible layout potential. With an oversized footprint and multiple living areas, this home provides the rare opportunity to tailor the space to your lifestyle—whether you need more bedrooms, a home office, or a creative studio.
The charming front porch invites you in with dual porch swings and peaceful curb appeal. Inside, you'll find a welcoming floor plan with a large primary suite, a generous walk-in closet, and a second-floor loft-style retreat that includes a bonus room and office area. The kitchen features granite countertops, a center island, and a breakfast nook perfectly positioned to overlook Lake Arietta. Just off the kitchen, a beautifully designed butler’s pantry adds additional prep space and storage, perfect for entertaining or keeping your kitchen clutter-free. Step out back to a spacious screened-in lanai, the ideal spot to unwind and enjoy the evening sunset views.
This home includes a large indoor laundry room, ample closet space, and an oversized garage with built-in storage and workspace. With private community access to Lake Arietta and just minutes from I-4, downtown Auburndale, and nearby schools, this home is packed with potential in one of Central Florida’s most desirable lakeview neighborhoods.
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| Apr 12, 2022 | Sold | ||
| Sold | |||
| Feb 15, 2022 | Listed by 54 REALTY LLC | $499,900 | |
| Listed by 54 REALTY LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017