Beautiful 2-story York model on a conservation lot * 2+ Golf cart
garage * 2019 HVAC system * 2022 Roof * Neatly landscape with an
open front courtyard * Spacious great room and dining room * Split
floor plan * large kitchen with a gas range and lots of cabinets *
Breakfast nook with French doors * Primary suite with two walk-in
closets and an ensuite bath with a dual sink vanity, garden tub and
shower enclosure * Office and powder room * Two guest bedrooms and
full bath upstairs * inside laundry room * Screened lanai * Lots of
storage throughout including garage * in-wall pest system * Royal
Highlands is a premier Pringle resident-owned gated community with
2 pools (one indoor and one outdoor), lighted tennis courts, 18
hole golf course, restaurant and pro shop, recreation center with
numerous activities including billiards, fitness center, activity
rooms, a library, etc. Grand hall for social functions, concerts
and plays, bocce ball, pickleball, shuffleboard, softball, a
driving range and putting practice * HOA fee includes Xfinity cable
(for 3 tvs) and high-speed Internet, plus secure RV/boat storage *
easy turnpike access, close to the airport and Orlando attractions
* plus full-service Orlando Health South Lake Hospital emergency
center.
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.
Parking Features: Garage Door Opener, Golf Cart Garage, Oversized
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), High Ceilings, Open Floorplan, Walk-In Closet(s), In Wall Pest System, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Split Bedroom
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
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