2374 Pickford CIRCLE
About This Property
The winder staircase leading to the second level transitions from hardwood to carpeted upper stairs leading into an office nook on the upper landing. Perfect for an additional in-home office space with electrical outlets for your workstation. Off the main stairs, on the left, is a linen closet nestled between 2 more guest bedrooms with corridors leading to large walk-in closets and large bedrooms with sitting areas. One overlooks the main street, and the other overlooks Lake Heiniger. The second floor also boasts an oversized loft area that could serve as an enormous game room, home theater, or second family room. The possibilities are endless. As an added bonus, off of the loft, a large, tranquil screened-in balcony overlooks Lake Heiniger. On the split upper level exists a spacious office, two additional guest bedrooms with walk-in closets, and one with 3 clerestory windows. An additional bonus is the 7th bedroom situated down another corridor with a large walk-in closet, a jack-and-jill bath with 2 vanities and a tub/shower combo, and a huge space for king size furniture. The ±1/4-acre lot offers no back neighbors but a beautiful view of the lake. Tandem 3-car garage! This home is immaculate and shows like a new home, as it has been exceptionally maintained by the original owners. Low monthly HOA fees include a playground and partially covered fishing dock. Located close to all amenities and the 429 expressway with an easy commute to Orlando, surrounding areas, attractions and airport. Just minutes to downtown Apopka and Historic Mount Dora shops, restaurants, waterfront, parks and more!
*All offers and terms subject to sellers approval in the additional terms of the listing. Refrigerator and Ceiling fans do not convey.
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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.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017