2864 Orange Grove Trail
About This Property
Inside, 10-foot volume ceilings create an airy and spacious atmosphere across the split floor plan. The kitchen features elegant granite countertops and state-of-the-art stainless steel appliances, providing a perfect blend of style and functionality. With higher cabinets offering ample storage space, you'll have all the room you need to keep your culinary essentials organized and within easy reach.
Step outside to your private oasis, complete with a saltwater pool featuring a solar-powered heater, ideal for unwinding while taking in the picturesque lake views. The expansive lanai provides the perfect setting for outdoor entertaining or simply lounging by the pool, making every day feel like a vacation.
Valencia Lakes residents enjoy a wealth of amenities, including a clubhouse, a full gym, a resort-style pool, and a playground, all with low HOA fees. The prime location offers easy access to grocery stores, dining, and shopping, ensuring you have everything you need just a short drive away.
Don't miss the opportunity to own this piece of paradise and elevate your lifestyle. Welcome to your new home at Valencia Lakes, where every detail has been crafted for your ultimate comfort and enjoyment.
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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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Compass Florida LLC | $575,000 | |
| Listed by Compass Florida LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017