225 SLADE DRIVE
About This Property
Set on a beautiful 1/3-acre corner lot overlooking Lake Winsor, this 4-bedroom, 3-bath concrete block home was designed for everyday comfort and easy Florida living. The screen-enclosed patio invites you to relax while taking in peaceful water views, and the fenced backyard-installed for child safety-extends beyond the iron fence all the way to the lakefront.
Inside, you'll find 2,051 square feet of well-planned space, featuring formal living and dining rooms, a welcoming family room adjoining an eat-in kitchen, and a convenient split-bedroom layout perfect for privacy. A spacious inside laundry room and pool bath add to the home's functionality.
While well-maintained and move-in ready, the home offers an opportunity for its next owner to update and make it their own, reflecting today's style while preserving the craftsmanship and pride of ownership evident throughout.
Major systems have been thoughtfully updated over the years:
New electrical panels
Roof (2012) with CertainTeed Landmark Lifetime shingles, inspected after the 2023 hurricane (no damage) and professionally washed and sealed
Natural gas central heat and tankless gas water heater
Lightning protection system (2012) with three grounds
Sprinkler system (2014) using lake water via a 3-year-old pump, providing lush landscaping with cost savings
Beyond its features, 225 Slade Drive offers something you can't replicate-a sense of community and a connection to nature, all within the top-rated Seminole County School District. Whether you envision paddleboarding at sunset, coffee on the lanai, or watching little ones grow up by the lake, this home is ready to be the backdrop for new memories.
Come discover the timeless appeal and potential of this cherished Winsor Manor residence-a true Longwood gem, first time ever offered for sale.
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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