2815 Westland ROAD
About This Property
Immerse yourself in the charm of downtown Mount Dora, just 3 miles away, boasting quaint shops, art galleries, and cafes. Explore the town's rich history at the Mount Dora Historic Train Depot, only 4 miles from your doorstep. Experience the beauty of Lake Dora, located approximately 2 miles away, offering opportunities for boating, fishing, and lakeside picnics. Delve into the town's heritage at the Mount Dora History Museum, a mere 3.5 miles from home, featuring captivating exhibits and artifacts. For antique enthusiasts, Renninger's Antique Center awaits just 6 miles away, presenting a vast collection of unique finds. With such a variety of attractions nearby, 2815 Westland Rd provides the perfect blend of convenience and leisure in the heart of Mount Dora!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017