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About This Property
Some homes check boxes.?This one removes worries.
If you've been holding out for a property that already has the big-ticket items handled - this is it. Major improvements including a new roof, Energy Star rated impact windows and sliders, updated HVAC system, gutters, a propane tank that powers the pool heater, stove and your whole-house Generac generator, mean you're stepping into confidence, not a to-do list.
Inside, soaring, cathedral ceilings and abundant natural light create an immediate sense of space and calm. The split-bedroom layout offers privacy where it matters most, with a primary suite designed for true retreat. A soaking tub, separate shower, dual vanities, and a generous walk-in closet create a daily escape from the ordinary, as well as your own private pool access and the added mini-split system ensures personalized comfort year-round.
The kitchen was thoughtfully reimagined to be both beautiful and functional, featuring 42" wood cabinetry, quartz countertops, and new stainless appliances including a gas range as well as a garbage compactor. Whether hosting holidays, casual dinners, or weekend gatherings, this layout flows effortlessly between formal and relaxed living spaces - adapting to your lifestyle, not the other way around.
And then there's the backyard.
A covered lanai opens to a screened saltwater pool and spa with a tranquil waterfall feature - your private resort without leaving home. The fully fenced yard offers peace of mind for children and pets, while mature landscaping enhances privacy.
The side-entry garage with epoxy floors and screened enclosure, paver driveway, and professionally illuminated landscape lighting elevate the home's curb appeal and functionality in ways that are both practical and impressive.
Located on an, over-sized, spacious, corner lot within a quiet cul-de-sac in Ormond Lakes, you'll enjoy a community known for its scenic lakes, mature trees, clubhouse, pool, tennis courts, and outdoor spaces - all just minutes from Tomoka State Park, US-1, I-95, and the beach where as a registered Volusia County resident, you will enjoy free parking!
Homes this stunning, where the work is done - and the lifestyle is ready - don't linger.
If you've been waiting for the right one, this may be your moment.
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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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About Orlando Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017