2620 Summerfield ROAD
About This Property
The Italian porcelain floors throughout the main living areas and new carpet in the private quarters create a symphony of style and comfort.
In the heart of the home, the kitchen, has undergone a stunning transformation and boasts quartz countertops, sleek wood cabinetry, and stainless steel appliances. The family room exudes warmth and character, centered around an inviting wood-burning fireplace and framed by sliding doors that unveil mesmerizing views of the golf course. Your expansive master suite, is a complete sanctuary of tranquility, with a master ensuite showcasing dual sink vanities, a generous linen closet, porcelain shower walls, and opulent gold fixtures.
Enjoy living on one of Winter Park's most beautiful tree-lined streets and the convenience of being just minutes from downtown Winter Park, top-rated schools and parks like the Cady Way Park that offers swimming, tennis, pickle-ball, running, walking, and biking trails. In addition, Advent Health Hospital, The Center for Health and Wellbeing, Crosby Wellness Center, Rollins College, Full Sail, and the Orlando International Airport. One of the best parts about this home are all the modern enhancements. Noteworthy upgrades include: New HVAC System (2016) New Windows (2022), Energy-efficient LED Lighting (2022), Interior and Exterior Paint (2022), Brand-new Roof (2022), New Electric Hot Water Heater and Re-Plumb (2022),
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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