40 LANTANA DRIVE
About This Property
As you step into the heart of the home, you'll be captivated by the recently renovated kitchen, featuring sleek stainless steel appliances, granite countertops, and soft-close shaker cabinets. The kitchen island overlooks the living and dining areas, making entertaining a breeze and seamlessly leading you to your private tropical paradise.
The expansive screened lanai envelops you in tranquility, while the shimmering in-ground pool invites you to cool off on those sun-soaked Florida days. Conveniently, a poolside bathroom and outdoor shower offer effortless comfort. The generous pool deck is an idyllic space for lounging, whether basking in the warmth or savoring the breeze. Complete your experience with a soak in the 6-person hot tub-your own personal sanctuary of relaxation, where the stresses of the day melt away.
The fenced-in yard, with a durable vinyl fence, provides both privacy and security, perfect for pets or children to play freely. Additional highlights of this home include wood-grain tile flooring throughout, a separate shed/workshop/third car garage with electricity, and a variety of upgrades, including a new pool pump system.
This home is in an unbeatable location-just minutes from I-4 and the DeBary SunRail Station, 30 minutes to the beach, and 40 minutes to the theme parks. Zoned for the highly sought-after DeBary Elementary, it offers the best of Florida living with no HOA. Enjoy easy access to shopping, dining, and everything you love about the area. Don't miss out-homes like this go quickly! Call today to schedule your showing!
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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 |
|---|---|---|---|
| Apr 15, 2025 | Sold | ||
| Sold | |||
| Mar 14, 2025 | In contract | - | |
| In contract | |||
| Feb 19, 2025 | Relisted | $359,900 | |
| Relisted | |||
| Feb 15, 2025 | In contract | - | |
| In contract | |||
| Feb 7, 2025 | Listed by LPT REALTY, LLC | $359,900 | |
| Listed by LPT REALTY, LLC | |||
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About Lake Marie Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017