$448,500
↓ $2K (0.3%)
●
House -
For Sale
40841 LOUISE ROAD
UMATILLA, FL 32784
1 Bed
1 Bath
768 Ft²
$2,678
Est. Monthly
About This Property
Lovely country setting with newly remodeled 1/1 cottage on 5.7
acres. This charming cottage is fully updated.
Four outbuildings on the property, along with a large size
above ground pool and deck. 5 RV hookups and 4 cement pads
for parking. Ample water spigots around the property. 2
septic systems, one for the house and one by the RV pads.
Metal roof on cottage was new in 2020. Metal roofs on
laundry room, pool house and workshop less than 1 year old. Home
has energy efficient windows, 2 mini splits that heat and cool
quietly and efficiently. Solid counter tops. On demand hot water
heater. 10X12 shed behind laundry room does not
convey. Close to Mount Dora, Eustis and Sorrento. Within
commuting distance to Orlando, Sanford or Deland and surrounding
areas. 55 minutes to Disney. One hour drive to New
Smyrna Beach. Seller is licensed Real Estate Agent.
Unit Size
768 Ft²
Days on Market
89 days
Land Size
5.78 acres
Price per sqft
$584
Property Type
House
Property Taxes
$476
HOA Dues
-
Year Built
1997
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 days ago (Stellar MLS #V4950043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2026 | Price Decreased |
$448,500
↓ $2K
(0.3%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$450,000
↓ $49K
(9.8%) | |
| Price Decreased | |||
| Jul 5, 2026 | Listed by HOME WISE REALTY GROUP, INC. | $498,900 | |
| Listed by HOME WISE REALTY GROUP, INC. | |||
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Eating Space In Kitchen
Appliances: Dishwasher, Dryer, Electric Water Heater, Range Hood, Refrigerator, Tankless Water Heater, Washer
Flooring Type: Luxury Vinyl, Tile
Laundry Features: Laundry Room
Rooms: 4
Exterior Details
Square Footage: 768
Square Footage Source: $0
Property Condition: Completed
Architectural Style: Cottage
Year Built: 1997
Building Area Total: 768
Levels: One
Other Structures: Shed(s), Storage, Workshop
Building Area Units: Square Feet
Construction Materials: Vinyl Siding
Patio and Porch Features: Covered, Front Porch, Screened
Pool Features: Above Ground, Fenced, Salt Water, Vinyl, Deck
Pool is Private
Lot Features: In County, Zoned for Horses
Lot Size Area: 5.7821
Lot Size Units: Acres
Lot Size Acres: 5.78
Lot Size Square Feet: 251868
Tax Lot: 8
Water Source: None
Financial Details
Tax Annual Amount: $5,708
Lease Considered: Yes
Utilities Details
Cooling Type: Multi Units
Heating Type: Electric
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lee Acres
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Listed by: Karen Baker
HOME WISE REALTY GROUP, INC.
Last Updated: 2 days ago
Data Source: Stellar MLS, MLS# V4950043
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
HOME WISE REALTY GROUP, INC.
Last Updated: 2 days ago
Data Source: Stellar MLS, MLS# V4950043
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017