400 MISTY MEADOW DRIVE
About This Property
Inside, the open floor plan flows naturally from the living room into the kitchen, which features granite countertops, a granite tile backsplash, raised-panel cabinetry, and a peninsula with sink. All stainless appliances are approximately 4 years old and include the refrigerator, stove, microwave, washer, and dryer.
The primary suite offers a well-appointed en-suite bath with dual granite vanities, a soaking tub, and a separate walk-in shower. The glass-enclosed sunroom off the main living area adds a versatile bonus space that works year-round. Step outside to a fenced backyard with a brick paver patio and a storage shed - a complete outdoor setup for everyday Florida living.
The attached 2-car garage, mature landscaping, and proximity to shopping, dining, parks, and major commuter routes make this a well-rounded option in a convenient Ocoee location.
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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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LPT REALTY, LLC
Last Updated: 18 days ago
Data Source: Stellar MLS, MLS# TB8520253
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017