2699 NOTTEL DRIVE
About This Property
Designed for everyday living and effortless entertaining, the open-concept floor plan connects the kitchen, dining area, and spacious living room, creating a bright and welcoming atmosphere. The kitchen features generous cabinetry, ample counter space, stainless steel appliances, a large island with breakfast bar seating, and a layout that keeps you connected to the main living areas.
The private primary suite offers peaceful canal views, a spacious walk-in closet, and an en-suite bathroom with dual sinks and a walk-in shower. Three additional bedrooms provide flexibility for guests, a home office, fitness area, hobby room, or additional living space. A second full bathroom is conveniently located near the secondary bedrooms and main living areas.
Step outside and enjoy your own backyard retreat with relaxing water views, a covered patio or lanai, brick patio area, raised garden beds, and a cozy fire pit-perfect for quiet evenings or weekend gatherings. The property also offers navigable community waterways, canal frontage, dock rights, access to the community boat lift, and direct connection to Alligator Lake and the Alligator Chain of Lakes, offering endless opportunities for boating, fishing, and exploring Central Florida's natural beauty.
Additional features include tile flooring in the main living areas, carpeted bedrooms, indoor laundry, rain gutters, sidewalks on both sides of the home, a two-car garage with epoxy flooring and storage shelving, energy-efficient construction, and outdoor space with room to create a private pool or custom outdoor retreat.
Hanover Lakes offers resort-style amenities including a community pool, splash pad, playground, walking trails, green spaces, private boat dock, community boat lift, and neighborhood events. Conveniently located near shopping, dining, schools, major roadways, Lake Nona, Orlando International Airport, medical centers, employment hubs, and Central Florida attractions, this home delivers both peaceful waterfront living and everyday convenience.
With its modern design, functional 4-bedroom layout, scenic canal setting, and access to one of the area's most desirable boating lifestyles, this Hanover Lakes home is more than a place to live-it's a true Florida lifestyle opportunity. Don't miss your chance to own a beautiful waterfront home in one of St. Cloud's most sought-after communities!
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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 |
|---|---|---|---|
| Oct 8, 2026 | Listed by ELITE REALTY ENTERPRISES LLC | $486,000 | |
| Listed by ELITE REALTY ENTERPRISES LLC | |||
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Price Increased |
$483,990
↑ $14K
(3%) | |
| Price Increased | |||
| Jan 14, 2024 | Price Decreased |
$469,990
↓ $19K
(3.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017