481 Watusi WAY
About This Property
The home's standout feature is its EXTRA-LARGE FENCED BACKYARD, providing ample space for outdoor activities, pets, gardening, or simply unwinding in your private oasis. Inside, an inviting open floor plan creates a seamless flow between the living, dining, and kitchen areas, perfect for entertaining guests or enjoying quality family time.
Additionally, the community itself offers delightful amenities such as a sparkling COMMUNITY POOL and PLAYGROUND, ideal for relaxation and recreation without leaving the neighborhood.
One of the many perks of this location is its proximity to Florida's breathtaking beaches. Its strategic location offers convenient access to Central Florida's renowned attractions. The bustling city of Orlando with its vibrant entertainment and cultural offerings is just a short drive away.
This property not only offers a beautiful and functional home but also provides an excellent gateway to the best of Florida living. Whether you seek the tranquility of your own backyard, a dip in the community pool, a day at the beach, or an adventure in Central Florida's attractions, this residence in St. Cloud presents the perfect opportunity to live the quintessential Florida 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 |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2024 | In contract | - | |
| In contract | |||
| Dec 27, 2023 | Price Decreased |
$360,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Dec 2, 2023 | Price Decreased |
$370,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Nov 6, 2023 | Listed by KELLER WILLIAMS REALTY AT THE PARKS | $375,000 | |
| Listed by KELLER WILLIAMS REALTY AT THE PARKS | |||
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About St. Cloud
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017