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4921 DETER ROAD
About This Property
The primary bedroom provides a dedicated retreat with a focus on organization, highlighted by a large walk-in closet featuring custom built-in shelving. The ensuite bathroom is bright and practical, complete with a modern glass-enclosed shower. Adding to the home's versatility are three additional bedrooms, which offer the flexibility needed for a dedicated home office, a hobby room, or a comfortable space for guests.
The lifestyle here extends directly outdoors through sliding doors that lead to a covered lanai and a private pool. Whether you're enjoying a quiet morning coffee in the shade or spending weekends poolside, the fully fenced backyard ensures a private and secure environment. Mature landscaping surrounds the property, creating a peaceful atmosphere, while the oversized 2-car garage and additional storage options provide plenty of room for vehicles, tools, or outdoor gear.
Located in the established Lake Miriam area of South Lakeland, this home offers a quiet, community-oriented lifestyle with the freedom of no HOA fees. The neighborhood is known for its sidewalk-lined streets, making it perfect for evening walks or taking the dog for a stroll. You are just minutes away from local essentials at Lake Miriam Square, including shopping and a variety of dining options. With easy access to the Polk Parkway and top-rated local schools, this location perfectly blends a tranquil residential feel with the convenience of city living.
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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 |
|---|---|---|---|
| Sep 21, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$368,900
↓ $11K
(2.9%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$379,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Jun 6, 2026 | Price Decreased |
$390,000
↓ $5K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017