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Lake Butler 34786 Windermere Downs
2520 Meadowview CIRCLE
$775,000
● House - Off Market

2520 Meadowview CIRCLE

WINDERMERE, FL 34786
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,560 Ft²
$4,292
Est. Monthly
$80
HOA / Fees
4.34%
Cap Rate

About This Property

Presenting 2520 Meadowview Circle located in the sought after Windermere Downs neighborhood. The home features a roof that was replaced in 2021, new windows in 2016, four spacious bedrooms, two bathrooms, and a pool that is fully screened in with a new pool pump in 2023. In a town known for its top-rated schools and strong sense of community, this home also boasts exclusive deeded access to the neighborhood boat ramp to the Butler Chain of Lakes, tennis courts, a park, and playground. Windermere's central location provides easy access to major highways and everything that Central Florida has to offer including a short drive to the Town of Windermere with monthly events, shops, dining, a brewery, and a weekly farmers market. Schedule your showing today!
Unit Size
2,560 Ft²
Days on Market
37 days
Land Size
0.29 acres
Price per sqft
$300
Property Type
House
Property Taxes
$435
HOA Dues
$80
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 3 years ago (Stellar MLS #O6168509)

Price History

Date / Event Date Event Price
Feb 20, 2024 Sold
Premium
Sold
Jan 12, 2024 In contract -
In contract
Jan 10, 2024 Listed by LAKESIDE REALTY WINDERMERE INC $769,000
Listed by LAKESIDE REALTY WINDERMERE INC
Dec 11, 2015 Sold
Premium
Sold
Sep 11, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,750
  • Total Building Area: 3,494
  • Gross Building Area: 3,494
  • Building Area: 2,481
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,481
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDERMERE DOWNS
  • Land Acres: 0000000293
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: WINDERMERE DOWNS 4/12 LOT 65

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0332
  • Census Tract: 014814

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 71B
  • Subdivision Tract Number: 9332
  • Parcel: 04-23-28-9332-00-650
  • Lot: 65
  • Meridian: SEC 04 TWN 23S RNG 28E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5143
  • Longitude: -81.5228

    Address

  • Full Address: 2520 Meadowview Cir
  • Address - House Number: 2520
  • Address - Street Name: Meadowview
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Windermere
  • Carrier Code: R001
  • 4-Digit Zip Code: 8319
  • Zip Code: 34786

Valuation

    Tax

  • Total Area: 2,801
  • Tax Year: 2023
  • Tax Amount: $521,865
  • Tax Rate Code Area: 75-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 763,487
  • High Value: 890,955
  • Low Value: 636,020

    Market Valuation

  • Market Total Value: $562,166
  • Market Land Value: $210,000
  • Market Improvement Value: $352,166

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $352,519

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 16, 2024
  • Current Sale Recording Date: Feb 20, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 97894
  • Previous Sale Recording Date: Dec 11, 2015
  • Previous Sale Contract Date: Dec 09, 2015
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Windermere Downs

Stats & Trends

Median Asking:

$1,137,000

Sale Price/ft²

$340

Above Asking

0.00%

Average Days on Market

72

Average Home Size

3540 ft²

Average Home Age

52 years

Currently For Sale

1 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1125 Lascala Drive, WINDERMERE, FL, 34786

$3,500 /mo

  • 5 Beds
  • 4 Baths
  • 2,874 ft²
1125 Lascala Drive, WINDERMERE, FL, 34786 Listing by Charles Woolley
Unit for rent at 1831 Abbots Hill Drive, ORLANDO, FL, 32835

$3,300 /mo

  • 3 Beds
  • 2 Baths
  • 2,580 ft²
1831 Abbots Hill Drive, ORLANDO, FL, 32835 Listing by Noor Masri, PA

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Kevin Sullivan
LAKESIDE REALTY WINDERMERE INC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6168509
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2520 Meadowview Circle built and last sold?
The property at 2520 Meadowview Circle was built in 1980 and last sold on Feb 16, 2024 for $775,000.
How much is this home worth?
The estimated value of the home located at 2520 Meadowview Circle is $0.
What are some comparable homes to 2520 Meadowview Circle?
There are currently no comparable homes to 2520 Meadowview Circle.
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