502 Lake Como CIRCLE
About This Property
This home has been freshly painted (2022) and updated with flooring (2021) flowing through the front of the house leading to a farmhouse-style kitchen. With an abundance of windows, plenty of natural light shines through the home where you'll find an open-plan living- kitchen area, and sunroom.
You'll find the guest bedrooms on the front side of the house while the newly updated (2022) Master bedroom is situated at the rear of the property for privacy. If you're looking for a HUGE walk-in closest then you're in for a treat as well as a modern and sleek bathroom.
The entire home's electrical system was rewired and the plumbing pipes were replaced both in 2020 and 2021 giving you peace of mind and security for years to come. Other features include two new AC systems, a newer tankless water heater (2020), an updated irrigation system (2021), and transferable termite bond protection.
Finally, at the rear of the property, you'll find a newly installed fence and spa so you can relax at the end of a long day.
Nearby schools include the much sought-after Lake Como K-8 and Boone High School (Go Braves!). Access to shopping, dining, and entertainment districts (Downtown Orlando, The Milk District, Mills 50, and The Hourglass District) are all less than 10 minutes away, with major highways in close proximity and Orlando International Airport only 20 minutes away via the 408. Don't miss out on making this beautiful home yours-schedule a showing today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017