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4430 RUMMELL ROAD
About This Property
No HOA, endless customization possibilities, and a motivated seller willing to assist with closing costs, this is a unique opportunity that must be seen in person to truly appreciate.
The enclosed, air-conditioned patio provides the opportunity to be converted into up to two additional bedrooms, while the detached shed complete with flooring and electrical can easily serve as a home office, studio, or additional bedroom.
This property offers peaceful living with direct canal frontage and a functional boat lift but still close by to local shopping, dining, schools, and major roadways.
Just minutes from historic downtown St. Cloud and the beautiful Lakefront Park on East Lake Tohopekaliga, and Ralph V Chisholm Regional Park. Residents can enjoy walking trails, playgrounds, restaurants, and community events throughout the year. With easy access to Kissimmee, Lake Nona, Orlando International Airport, and major highways including the Florida Turnpike, this home offers both convenience and lifestyle.
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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 20, 2026 | Price Decreased |
$335,000
↓ $18K
(5.1%) | |
| Price Decreased | |||
| May 24, 2026 | Price Decreased |
$353,000
↓ $16K
(4.3%) | |
| Price Decreased | |||
| May 13, 2026 | Price Increased |
$369,000
↑ $9K
(2.5%) | |
| Price Increased | |||
| May 6, 2026 | Price Decreased |
$359,999
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Mar 13, 2026 | Price Decreased |
$369,999
↓ $5K
(1.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017