1989 VAN BUREN LOOP
About This Property
Inside, the spacious primary suite offers a large walk-in closet and linen closet, along with an ensuite bathroom featuring an extra-large shower, double sinks, and tile flooring. The second bathroom includes an extra-deep tub, perfect for relaxing. The home features carpet in the living room and bedrooms, with tile flooring in the kitchen and baths for easy care.
The bright, functional kitchen provides abundant counter space, a large pantry, and excellent storage. A breakfast bar with sink opens to the living room, creating an inviting layout for everyday living and entertaining. The upgraded laundry room includes cabinets and additional storage, and the washer and dryer are included.
Thoughtfully included items such as bar stools, the living room TV, and TV stand add to the home's move-in readiness. Step through the sliding glass doors to the screened-in lanai, a great spot to relax or host friends and family. The oversized backyard backs up to a wooded area for added privacy and includes two metal storage sheds for tools or equipment.
This home is also conveniently located near several of Auburndale's beautiful lakes, including Lake Ariana, Lake Juliana, Lake Lena, and Lake Van, where residents enjoy boating, fishing, kayaking, paddleboarding, and scenic views. Public boat ramps on nearby lakes provide easy access for small craft and year-round water activities.
With its desirable location, thoughtful updates, comfortable living spaces, and private outdoor setting, this home offers the perfect blend of convenience and Florida lifestyle.
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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.
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About Lake Van
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017