4149 PARAGRAPH DRIVE
About This Property
Enjoy the tranquility of a private, heated pool overlooking a serene wilderness preserve-a perfect retreat after exploring all the excitement the area has to offer. Each room is uniquely themed, offering an immersive experience that guests and residents alike will love. And with Walt Disney World just 10 miles away, you're never far from world-famous magic. Plus, you'll benefit from proximity to fantastic shopping, dining, and easy airport access.
Located in the sought-after Cove at Story Lake community, this home comes with access to outstanding amenities across two locations. Relax in the resort-style pool, float along the lazy river, splash at the water park, stay active in the fitness center, or enjoy basketball and tennis courts. There's even a clubhouse for hosting gatherings.
With short-term rental approval, this property is a brilliant investment opportunity. The home's upgrades, including granite countertops and elegant 42-inch kitchen cabinets, add an extra touch of sophistication that guests will appreciate.
Whether you're after a peaceful family retreat or a profitable investment property, this home ticks all the boxes. Don't miss your chance to own your own slice of paradise!
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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 22, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Price Decreased |
$799,900
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Apr 5, 2025 | Listed by DALTON WADE INC | $819,900 | |
| Listed by DALTON WADE INC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017