508 OHIO BOULEVARD
About This Property
From the moment you arrive, you'll appreciate the new paver walkway and the spacious lot that offers endless possibilities. Inside, original terrazzo floors add warmth and personality while the cozy stone fireplace creates the perfect gathering place for family and friends. A versatile flex room provides the ideal space for a home office, playroom, or hobby room, allowing the home to adapt to your lifestyle as your needs change. Step outside to the screened rear porch overlooking a fully fenced backyard with plenty of room for pets, gardening, or creating your own backyard oasis (so much room for a pool!). Plus, there's a detached garage with plenty of room for storage.
Major improvements have already been completed, allowing you to move in with confidence. Recent updates include a freshly painted interior and exterior, new HVAC system (2026), Hardie Board exterior siding (2025), roof (2021), energy-efficient windows (2022), and insulation and ductwork improvements (2022). These significant upgrades provide peace of mind while reducing future maintenance expenses.
Located just minutes from the heart of Downtown Eustis, you'll enjoy easy access to charming boutiques, waterfront dining, coffee shops, festivals, and community events along beautiful Lake Eustis. You're also just a short drive from Historic Downtown Mount Dora, Ferran Park, Eustis Lake Walk, Trout Lake Nature Center, and the vibrant Harris Chain of Lakes, offering endless opportunities for boating, fishing, outdoor recreation, shopping, and entertainment.
If you've been searching for a home with character, valuable updates, a large yard, and the freedom of NO HOA, all while remaining close to everything Eustis has to offer, this is one you won't want to miss.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017