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26645 MANASSAS DRIVE
About This Property
Situated on an oversized 12,600 sf lot overlooking the 17th hole of the Championship golf course and its wetland water feature, this is a uniquely private, west-facing property that delivers spectacular sunsets, birdsong and wildlife sightings. The architectural, open-concept layout of the Oleander model home maximizes every square foot, cleverly avoiding hallways and filling every room of the house with light. Elegant arched doorways and smooth bullnose walls create seamless room transitions and lend a modern, Mediterranean feel. The chef-inspired kitchen anchors the home and features a unique eyebrow island, granite counters, and deep cabinetry with sliding pull-out drawers. Designed for privacy, the split-plan layout features an en-suite master bedroom on one end of the home and two-bedrooms with a large guest bath on the other. Floor to ceiling sliding doors in the master bedroom open to the screened-in lanai creating a relaxing private retreat with a luxurious Roman shower, dual sinks and separate water closet. There is additional outdoor patio space facing the 17th tee to relax, garden, or customize to your lifestyle. The house features gutterguards, concrete drainguards, and a regularly maintained HVAC system with a germicidal lamp installed in December 2026 and essential oil diffuser that enables subtle, consistent fragrance throughout the home. Vet-owned, all manuals, warranty paperwork and service records are included with home. Low HOA fee of $127/month includes lawn cutting, edging and blowing, WiFi and 200+ cable channels. Residents enjoy the Gary Koch-designed golf course known for its rolling terrain and old growth oak trees, and other resort-style amenities, including: 2 pools, fitness center, tennis, bocce and pickleball courts, on-site dining, movie theater, spa and salon. A full calendar of events, activities and group exercise classes support an active lifestyle and contribute to a close-knit community that enjoys frequent street gatherings, holiday caroling and local excurssions. Conveniently located 40 miles northwest of Orlando and near major roadways, this home combines comfort, convenience, and value in beautiful Lake County which boasts the Harris Chain of Lakes. Less than 10 minutes to a free boat ramp and fishing pier and close to a vibrant downtown with shopping, dining and community events. **This house comes with a REDUCED RATE through the seller's preferred lender. This is a lender-paid rate buydown that reduces the buyer's interest rate and monthly payment.**
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017