2832 SUGAR MAGNOLIA DRIVE
About This Property
Inside, you'll find multiple living and gathering spaces, including a separate dining area, family room, breakfast nook, and a versatile front room with a walk-in closet that can serve as a fourth bedroom, home office, den, or bonus space. The kitchen features granite countertops, stainless steel Whirlpool appliances, and a gas range, with the washer and dryer also included.
The two-car garage has been upgraded with air conditioning and an epoxy-coated floor, creating a clean, finished space ideal for a home gym, workshop, or hobby area. Fully paid solar panels provide the added benefit of energy savings without an additional solar payment, while the extended paver driveway provides extra parking.
Outside, enjoy a fully fenced backyard with no immediate rear neighbors, providing added privacy for relaxing, entertaining, or pets. With the community playground and park directly across the street and no immediate neighbors in front, this home enjoys an especially desirable setting within the neighborhood.
One of Arden Park North's standout features is its direct access to the West Orange Trail, with miles of paved trails for biking, running, and walking, including a scenic route toward Historic Downtown Winter Garden. The community also features resort-style amenities including a pool, fitness center, clubhouse, playgrounds, parks, and walking trails.
Just a short drive away, Historic Downtown Winter Garden features popular restaurants, local shops, the farmers market, and community events, with additional shopping and dining at Winter Garden Village. Convenient access to SR-429, Florida's Turnpike, and Highway 50 makes it easy to reach destinations throughout Central Florida.
With its flexible single-story layout, upgraded features, fully paid solar, added privacy, extensive community amenities, and access to the West Orange Trail, this home provides an exceptional combination of comfort, convenience, and Florida lifestyle. Schedule your private showing today!
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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%.
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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.
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