27844 Lake Jem ROAD
About This Property
This 2014 home was crafted with meticulous attention to detail and is a custom-built masterpiece offering a harmonious blend of elegance and functionality. Boasting vaulted ceilings, 3 bedrooms, 3 baths, and a dedicated office space, this home is designed to meet the needs of modern living while exuding timeless charm.
Nestled on the shores of Horseshoe Lake, and part of the esteemed Harris chain of lakes, every corner of this residence offers a glimpse of nature's splendor. Admire the tranquil waters of Lake Victoria from the front porch, or unwind in serenity with the captivating views of Horseshoe Lake from the back decks.
Indulge in outdoor living at its finest with a covered lanai and two private decks on both the primary and secondary bedrooms. Delight in the convenience of direct access to the larger chain of lakes while relishing in the feeling of private lake living.
With thoughtful touches throughout and a location that promises both convenience and natural beauty, this Mount Dora gem offers the ultimate retreat for those seeking a life of luxury and serenity. Seize this rare opportunity to make waterfront living your reality.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 18, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Price Decreased |
$749,000
↓ $50K
(6.3%) | |
| Price Decreased | |||
| Jun 4, 2024 | Price Decreased |
$799,000
↓ $96K
(10.7%) | |
| Price Decreased | |||
| Apr 16, 2024 | Price Decreased |
$895,000
↓ $35K
(3.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017