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422 W 11TH AVENUE
About This Property
This charming block construction 3-bedroom, 2-bath home blends timeless character with modern upgrades. Originally built in the 1950s, the property features beautiful hardwood floors, custom built-ins, and an inviting layout filled with natural light. The kitchen offers a center island with butcher block countertops, perfect for both everyday living and entertaining. Each bedroom provides ample closet space, and both bathrooms feature walk-in showers.
Warm and inviting living spaces include a comfortable living room and a dining/sitting area showcasing German schmear detailing and a wood-accent ceiling, creating a cozy, cottage-inspired ambiance you'll love.
Thoughtful updates include a newly added second bathroom, updated electrical panel, HVAC system, gas tankless water heater, roof (2019), and a new septic system-offering peace of mind for both homeowners and investors.
Enjoy inviting outdoor spaces, including a covered screened front porch perfect for morning coffee and a spacious rear deck overlooking a private fenced backyard-ideal for entertaining or relaxing after a day exploring town. Additional features include an interior stackable washer and dryer, a nearly ¼-acre fenced lot with a shed, and plenty of room for expansion or even a future pool.
Located just a short stroll from downtown Mount Dora, this property offers unbeatable access to local boutiques, restaurants, waterfront parks, and year-round festivals-enhancing its appeal for both owners and guests.
Whether you're looking for a turnkey investment property, weekend retreat, or full-time residence, this home delivers charm, flexibility, and income potential in one of Central Florida's most beloved destinations.
Furnishings and decor may be negotiated separately, offering a potential turnkey opportunity.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 8, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by DAVE LOWE REALTY, INC. | $399,900 | |
| Listed by DAVE LOWE REALTY, INC. | |||
| Jul 23, 2025 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$424,900
↓ $25K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017