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438 TROY LOOP
About This Property
1,918 sq ft Gardenia near Mallory Square, bond balance of only $5,288. PRICE TO SELL at $468,900! Beautifully maintained single-story Gardenia model in The Villages, FL 32162. This home shows pride of ownership throughout and features a long list of recent upgrades:
- Newer roof, approximately 5 years old
- Exterior freshly painted approximately 2 years ago
- A/C and coil system replaced, approximately 9 years old
- EXTRA-LARGE LANAI with bird cage enclosure
- Driveway and front walkway freshly painted October 2026
- There are no homes located at the rear of the property
Open, comfortable floor plan with a spacious living area, well-appointed kitchen, and relaxing primary suite. Enjoy the best of Villages living just a short golf-cart ride from Lake Sumter Landing and Brownwood, with easy access to recreation, dining, and entertainment.
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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 |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$468,900
↓ $6K
(1.2%) | |
| Price Decreased | |||
| Oct 25, 2026 | Price Decreased |
$474,800
↓ $100
(0%) | |
| Price Decreased | |||
| Oct 10, 2026 | Price Decreased |
$474,900
↓ $20K
(4%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed by SOUNDINGS, LLC | $494,900 | |
| Listed by SOUNDINGS, LLC | |||
| Feb 4, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017