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232 NOXON STREET
About This Property
Inside, the home opens up to a bright, airy layout enhanced by recessed lighting, luxury vinyl flooring, and brand-new stainless steel appliances. The open floor plan flows seamlessly into the living area, where sliding glass doors lead to a fully enclosed, cemented patio, creating the perfect extension of indoor-outdoor living-ideal for entertaining, relaxing, or creating your own private retreat.
Both bathrooms have been fully updated with modern finishes, and the home features its own dedicated laundry room for added convenience. Major systems have already been taken care of, offering peace of mind with a brand-new 2026 roof, 2021 A/C, 2024 water heater, updated electrical, new plumbing, new windows, and new doors with blinds installed throughout.
Step outside and the possibilities expand even further. The oversized lot is designed for lifestyle and versatility-whether it's parking boats, jet skis, RVs, or other recreational toys, there's room for it all. A large workshop with electricity opens the door to something more: a potential income-producing studio or future ADU conversion. Paired with an additional shed, this space is ideal for buyers with vision-whether for business use, creative projects, or passive income opportunities.
Located in the heart of Auburndale, an area known for its charming small-town feel and access to the scenic Lake Ariana-a local favorite for boating, waterskiing, and fishing-this home offers more than just a place to live, but a lifestyle to enjoy.
Zoned for nearby schools including Auburndale High School, Stambaugh Middle School, and Lena Vista Elementary School, the location balances convenience with community appeal.
Whether you're looking for a move-in-ready home, space to grow, or an opportunity to create additional income, this property delivers flexibility, upgrades, and lifestyle-all in one.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$225,000
↓ $14K
(5.9%) | |
| Price Decreased | |||
| Apr 13, 2026 | Listed by NETWORTH REALTY OF ORLANDO, LLC | $239,000 | |
| Listed by NETWORTH REALTY OF ORLANDO, LLC | |||
| Dec 23, 2025 | Listed by STELLAR NON-MEMBER OFFICE | $80,000 | |
| Listed by STELLAR NON-MEMBER OFFICE | |||
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House sold in as is condition located in uptown Auburndale with walking distance to everything.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017