3404 Groveview DRIVE
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 25, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by CHARLES RUTENBERG REALTY INC | $365,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
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SELLERS OFFERING $5,000 TOWARDS CLOSING COSTS WITH A FULL PRICE OFFER! Welcome to your oasis in Lakeland, Florida! This stunning 4 bedroom, 2 full bathroom home is a true gem with NO HOA! Situated on a generous .29-acre lot and at the end of a CUL-DE-SAC, this property is a haven for outdoor enthusiasts. Step into the FULLY FENCED expansive backyard and be greeted by a picturesque scene—a beautiful GAZEBO resting on a concrete pad invites you to unwind and savor moments of relaxation. Take a dip in the sizable above-ground POOL. The newly installed pavers on the back patio provide the perfect spot for al fresco dining or hosting gatherings with friends and family. And for those seeking respite from the elements, the screened-in LANAI offers a cozy retreat.
Inside, the home has been thoughtfully renovated, featuring an open floor plan, where natural light pours in effortlessly. The sleek and modern kitchen is a chef's delight, with stainless steel appliances, ample storage space, and stunning countertops. A perfect coffee/drink bar with a beverage fridge adds a touch of luxury, ideal for entertaining or enjoying quiet moments of indulgence. This property also has a huge opportunity for TWO PRIMARY SUITES! Storage will never be a worry with an added LARGE shed on the side of the home. Plus, with a NEWER METAL ROOF and BRAND NEW AC, you can enjoy peace of mind knowing that your home is built to last.
Beyond the confines of this exceptional property, Lakeland beckons with its inviting attractions and amenities. Known for its vibrant cultural scene, picturesque lakes, and charming downtown area, Lakeland offers something for everyone. From boutique shops and art galleries to award-winning restaurants and entertainment venues, there's never a dull moment in this dynamic city. Plus, with easy access to major highways, commuting to nearby cities like Orlando and Tampa is a breeze. This home qualifies for a 0% down, USDA loan! Schedule your showing today!
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| Mar 30, 2022 | Sold | ||
| Sold | |||
| Feb 24, 2022 | Listed by HELLO FLORIDA REAL ESTATE LLC | $324,900 | |
| Listed by HELLO FLORIDA REAL ESTATE LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017