212 Rita Bee Avenue
About This Property
The clubhouse features an exercise room, library, billiard room and large hall with full kitchen (available to rent for private parties) where loads of community activities take place including Bingo half the year on Thursday nights and community holiday parties. Golf carts ok in community to drive on roads. Come live in this well sought after community and also enjoy the beautiful picturesque lakefront with 2 boat docks and picnic area.
This property is a 2 bedroom 2 bath nicely updated double wide manufactured home. The property has a new roof and new water lines. The kitchen, baths and windows all have updates and are in excellent condition. The 1,144 sqft. space provides ample room for entertaining. There is also a spacious shed for storage and rear deck for relaxing nights.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by REAL BROKER, LLC | $184,900 | |
| Listed by REAL BROKER, LLC | |||
| Mar 23, 2023 | Sold | ||
| Sold | |||
| Feb 4, 2023 | Listed by LA ROSA REALTY ORLANDO LLC | $169,900 | |
| Listed by LA ROSA REALTY ORLANDO LLC | |||
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Whether you are looking for a well situated vacation home or a primary residence this 2 bedroom, 2 bathroom
THIS HOME COMES COMPLETELY FURNISHED!
Located in 55+ plus popular Polo Park retirement community. Owner has co-op share currently valued at $52,000. Maintenance fee is $151.00 per month which includes lawn maintenance, garbage removal, cable TV. Full usage of community pool and clubhouse. Has 9 hole golf course on property. In addition, 2 private docks leading out onto Lake Davenport. Lakefront has fire pit, picnic tables, dog area. Community is very active with many activities and clubs to participate and be involved.
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Property Highlights
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About Citrus Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017