2225 ELVERSON AVENUE
About This Property
A welcoming covered and screened-in front porch provides the perfect place to relax and enjoy the tranquil setting. Landscape improvements are currently in progress following the recent frost event, with HOA-coordinated replacement of shrubs, hedges, and mulch already paid for. Inside, the home has been freshly painted in a neutral color palette, creating a bright and inviting atmosphere. The main living areas feature tile flooring for easy maintenance, while all three bedrooms-including the primary suite-have brand-new carpet, adding warmth and comfort.
The kitchen offers stainless steel appliances purchased approximately two years ago, providing both style and functionality.
Several major system updates provide added peace of mind, including a brand-new hot water heater installed in February 2026, HVAC replaced in April 2022, and a new roof installed in March 2016.
The primary bathroom has been extensively remodeled with accessibility in mind. The original tub was removed and replaced with a large, no-lip walk-in shower that is wheelchair accessible, featuring two separate water lines-one for a stationary shower head and one for a handheld shower.
The guest bathroom has also been updated with a new vanity, comfort-height toilet, and an additional light fixture above the tub.
Additional improvements throughout the home include a whole-house surge protector installed in 2025, a new fan/light and switch on the lanai, and UV-resistant screens on the lanai. The home has also been recently rescreened, with most of the windows on the east side and the majority on the west side updated, enhancing comfort and durability.
The extended garage is two feet deeper than the standard model, allowing room for larger vehicles such as trucks. The garage also features a convenient overhead pull-down screen, allowing airflow while helping keep insects out.
Living in Kings Ridge means enjoying an active and vibrant community lifestyle. Residents have access to multi-million-dollar clubhouses, three heated pools and spas, two golf courses, tennis courts, pickleball courts, shuffleboard, bocce ball, and a fully equipped fitness center with an aerobics studio.
The community also offers a grand ballroom, crafts room, billiards area, shows, bingo, card groups, and numerous social clubs and activities designed for an engaging and active lifestyle.
The monthly maintenance fee includes lawn maintenance with shrub trimming, irrigation system care and irrigation water, internet, TV and home phone service through FiberNow/Opticaltel, road maintenance, and exterior house painting every seven years-making for convenient and low-maintenance living.
Residents can take their golf cart to nearby Kings Ridge Plaza for shopping, dining, banking, and everyday needs. Ideally located about 30 minutes from Disney, Universal, and downtown Orlando-and 40 minutes to Orlando International Airport-this home offers the perfect blend of golf course living, upgrades, resort-style amenities, and convenient Central Florida access.
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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.
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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