3968 Cortland DRIVE
About This Property
The spacious floor plan includes a luxurious primary bedroom with double walk-in closets and an ensuite bathroom featuring dual sinks, a garden tub, and a separate walk-in shower. The second bedroom also has its own ensuite bathroom, while the third and fourth bedrooms are thoughtfully positioned for maximum privacy and comfort. The open-concept family room, adjacent to the kitchen, is perfect for gatherings, and the sliding glass doors open to a screened lanai with serene pond views. Enjoy your mornings with a cup of coffee or unwind in the evenings in your large backyard.
Living in Providence means enjoying a wealth of amenities, including two pools with water slides, tennis courts, a fitness center, and a championship golf course. The community's clubhouse features a pro shop and a restaurant, providing everything you need just steps from your door. With the Publix grocery nearby and easy access to shopping, dining, theme parks, and Orlando International Airport via 417 or I-4, this home offers the perfect blend of luxury and convenience. Welcome to your dream home!
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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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by RE/MAX MARKETPLACE | $435,000 | |
| Listed by RE/MAX MARKETPLACE | |||
| Jun 29, 2023 | No longer available | - | |
| No longer available | |||
| Apr 30, 2023 | Listed by Lawhun Enterprises, LLC | $452,000 | |
| Listed by Lawhun Enterprises, LLC | |||
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Looking for a secured, peaceful, spacious place to live, this is it! Gated community with 24hours security guard on site. In addition to that you have more than 2,000 heated sqft living space with 2 master bedrooms and a covered patio facing a beautiful pond. THIS PARADISE LIFE STYLE! The manager has listed the unit size as 2027 square feet.
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About Providence
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017