2105 Normandy DRIVE
About This Property
Welcome to this inviting 3-bedroom, 2 and a half bathroom pool home in the heart of Mount Dora. Featuring a cozy fireplace, newly installed engineered hardwood flooring, elegant quartz countertops, and updated cabinets, this residence offers both style and comfort. The property boasts a new garage door in 2023, two air conditioning units (one installed in 2024 and the other in 2014), and a roof from 2014. Situated within walking distance of downtown Mount Dora, residents can enjoy the town's vibrant fairs, festivals, and locally owned shops and restaurants. With views of picturesque Lake Gertrude, this home provides a perfect blend of modern amenities and a charming location.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017