2238 Rockmart LOOP
About This Property
Prepare to be impressed by this delightful 3-bedroom residence in the sought-after Lane Park Ridge community. The home boasts fantastic curb appeal with a meticulously maintained lawn and landscaping. There's ample yard space, perfect for creating your dream garden or setting up a swing set.
As you step inside, you're welcomed by a spacious open floor plan that seamlessly integrates the kitchen, living room, and dinette area, complete with included appliances. The master suite, located off the family room, offers a private retreat with an oversized bedroom that can easily accommodate a seating area or a personal desk. A split-floorpan puts the other 2 bedrooms and bathroom on the opposite side of the home.
One of the standout features of this home is the outdoor living space. The lanai, featuring a built-in tiki bar, is perfect for entertaining guests or enjoying a quiet evening in complete privacy.
This home truly has it all and is ready for you to make it your own. Lovely, quiet neighborhood! Don't miss out on the opportunity to experience the exceptional lifestyle it offers!
Lane Park Ridge is a quiet secluded single-family neighborhood that puts you in the middle of the best that Lake County has to offer. The neighborhood is nestled between downtown Tavares, "Americas Sea Plane City" and beautiful Lake Harris, offering a wide variety of park and recreational activities all less than 10 minutes away.Downtown Tavares offers charming restaurants, a Marina and the Wooten Park Splash Park. City sponsored events include fireworks, concerts, boat races and even an annual Rubber Ducky Race.Just 5 minutes away is Lake Idamere Park, which features a dog park, picnicking, and a 2-mile hiking trail. In addition, nearby Hickory Point Park is a multi-use recreation facility with boat ramps to Lake Harris, a nature boardwalk, picnic areas, a playground, beach volleyball court and fishing pier and the adjacent Mike Stone Soccer Complex, which hosts sporting tournaments.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017