One or more photo(s) has been virtually staged. Where luxury meets
location! One step inside and you'll know 468 Douglas Edward Drive
offers the kind of layout, location, and lifestyle you are
searching for in your new home. Tucked within the highly desirable
Meadow Ridge community and zoned for A-rated Thornebrooke
Elementary and award-winning Olympia High School, this beautiful,
pool home combines everyday functionality with an ideal convenience
factor. This layout is designed for both comfortable daily living
and effortless entertaining with an ideally situated downstairs
primary suite and upstairs bonus room, perfect for a playroom,
secondary office, home gym or craft space. The gourmet
kitchen features stainless steel appliances, including a double
oven, as well as a breakfast bar perfect for hosting gatherings.
Through sliding glass doors, step outside to your private pool and
backyard oasis, ideal for year-round Florida enjoyment. Located at
the edge of Windermere, residents of Meadow Ridge enjoy dual-gated
access with quick connectivity to shopping, dining, hospitals,
major roadways, and some of Central Florida's most sought-after
destinations. Just outside the gates, you'll find Publix,
restaurants, CVS, medical offices, and other everyday conveniences,
while nearby Winter Garden Village offers Target, Lowe's, Best Buy,
dining, and entertainment options all within a five minute drive.
Downtown Windermere with its Food Truck Fridays, farmer's markets,
quaint shops and restaurants, as well as famed Restaurant Row in
Dr. Phillips, Universal Orlando, and major highways including the
Turnpike, 408 and 429 are all just minutes away. Zoned for top
rated, "A" schools, make the most of this exceptional opportunity
to live in and enjoy one of the area's most established and
desirable communities in the heart of Central Florida. Schedule
your private showing today!
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.
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