3348 Balsam DRIVE
About This Property
Freshly painted inside and out, this home radiates a contemporary charm. The hall bath is featuring a walk-in Jacuzzi tub. Comfort meets style with ceiling fans in three bedrooms, ensuring a serene environment. The inclusion of washer, dryer, and kitchen appliances adds practical convenience to this exquisite home.
Powered by a whole-home Generac generator, this property offers peace of mind with uninterrupted comfort. No HOA fees and perfectly positioned, it grants easy access to UCF, Full Sail University, and Rollins College. Revel in the nearby delights of downtown Winter Park (Park Ave.) with all the shops and dining. Perfect location benefits from quick drives to Orlando International Airport, Sanford Airport, and the 417 Expressway.
Nestled in a serene neighborhood, it combines the tranquility of suburban living with easy access to the vibrant amenities of Winter Park. Perfect for those seeking a peaceful retreat, this home is a must-see!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017