2048 APPLEGATE DRIVE
About This Property
One of the most sought-after features of this home is its unmatched backyard privacy. With no rear neighbors, the property backs to a peaceful, tree-lined natural area, creating a serene and secluded setting that is increasingly hard to find in Central Florida. Mature greenery and natural shade provide the perfect backdrop for enjoying Florida's year-round outdoor lifestyle.
Inside, the home features a spacious and functional layout designed for both everyday living and entertaining. With four generously sized bedrooms, three full bathrooms, and a convenient half bath with direct access to the pool. The floor plan offers flexibility for families and guests alike. The main living area is warm and inviting, highlighted by a gas fireplace that adds both comfort and character. Multiple living spaces provide options for a home office, media room, or game room, while the two-story design allows for a comfortable separation between living and private areas.
Upstairs, you'll find an expansive loft positioned at the top of the stairs, creating a versatile secondary living space perfect for a playroom, media lounge, or additional workspace. Just beyond, a private screened-in balcony offers elevated views overlooking the pool and tranquil, natural backyard-an ideal spot to unwind, enjoy your morning coffee, or take in peaceful Florida evenings.
Step outside to your private screened-in pool and patio, designed for year-round enjoyment with a solar-heated pool-perfect for extending your swim season while keeping energy efficiency in mind. Whether hosting gatherings, relaxing with morning coffee, or cooling off on warm afternoons, this outdoor space is both functional and inviting. The seamless indoor-outdoor flow, combined with the natural privacy, creates a true backyard retreat.
Conveniently located in the growing Ocoee area, you'll enjoy easy access to major highways, shopping, dining, and local parks-all while tucked within a quiet, established neighborhood.
Homes in Remington Oaks featuring a solar-heated pool, no rear neighbors, a private balcony, and a gas fireplace are a rare find-making this an exceptional opportunity you won't want to miss.
Schedule your private showing today.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 3, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Listed by CHARLES RUTENBERG REALTY ORLANDO | $499,999 | |
| Listed by CHARLES RUTENBERG REALTY ORLANDO | |||
| Oct 10, 2022 | Sold | ||
| Sold | |||
| Jul 22, 2022 | Listed by CHARLES RUTENBERG REALTY ORLANDO | $525,000 | |
| Listed by CHARLES RUTENBERG REALTY ORLANDO | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017