Welcome to your beautiful home in the sought-after gated community
of Sullivan Ranch! Built in 2014 and lovingly maintained, this
spacious 3-bedroom, 2-bath home offers comfort, flexibility, and
wonderful outdoor living. The split-bedroom floor plan provides
privacy, with a generous primary suite featuring an en-suite bath
and large walk-in closet. An additional bonus room adds even more
versatility and can easily serve as a home office, 4th bedroom,
craft room, library, or whatever best suits your lifestyle. Step
outside and enjoy the oversized covered and screened lanai, plus an
open-air patio perfectly suited for your BBQ and outdoor
entertaining. A charming covered front porch provides the perfect
spot to relax and take in beautiful Florida sunsets. Sullivan Ranch
offers an exceptional lifestyle with a beautiful clubhouse, large
swimming pool, fitness center, pickleball and tennis courts,
playgrounds, and expansive paved walking paths throughout the
community. Conveniently located just minutes from the north end of
the 429, commuting throughout Central Florida is a breeze, while
the charming town of Mount Dora-with its wonderful festivals,
dining, shopping, and small-town atmosphere-is just minutes to the
west. Priced to sell, this wonderful home is ready to welcome its
next owners. Schedule your private showing today-you won't want to
miss this one!
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.
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