3565 WILSON AVENUE
About This Property
**Updates:**
- New 2-ton A/C with heat (2025)
-New water heater (Nov.2025)
- New electrical updates (2025)
- Metal roof (2018) New Over stove Microwave 11/2025.
This cottage features a bonus room that can serve as a second bedroom or an office. Upon entering through the decorative glass entry door, you'll immediately notice the original hardwood floors, which are in pristine condition, and a nicely sized living room with built-in shelves that add plenty of charm. As you step down into the kitchen, there is an area ready for your table, along with white kitchen cabinets and modern appliances. The bonus room is conveniently located just off the kitchen, adjacent to the bathroom. The main bedroom also features original hardwood floors and a generously sized closet.
Now, let's talk about another great feature of this property: the large, landscaped backyard, complete with pavers and ample space for outdoor BBQs and family gatherings. This cottage would make a perfect Airbnb!
Additionally, there is a garage with a workshop that has electric, as well as a garden shed beside the garage. The lot itself is a great size, measuring 110 feet wide by 102 feet deep! A home with this much charm in Mount Dora below 200k is very rare!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017