510 Archaic DRIVE
About This Property
A welcoming front porch beckons, complete with a swing perfect for morning coffees. Beyond the full glass front door lies an expansive living and dining area, adorned with French doors offering vistas of the expansive fenced backyard. The kitchen is a chef's delight, boasting ample all-wood cabinets, new Samsung stainless steel appliances, and a sunny breakfast nook overlooking the lush rear landscape.
Above the generous two-car garage, discover a spacious bonus room ideal for hobbies or a home office, complete with a convenient sink. Downstairs, one bedroom features built-in bookshelves and a cozy window seat, while its ensuite bathroom offers double sinks and a corner shower.
Upstairs reveals two more bedrooms, each with its own ensuite bath. Bedroom 2 delights with a secret door to additional storage and a sizable walk-in closet, while the primary suite dazzles with French doors opening to a balcony overlooking the serene backyard. Its ensuite bath pampers with a jetted soaking tub, shower, and dual sinks, complemented by a spacious closet with wooden shelving.
Designed for efficiency and comfort, the home boasts a new roof (2019), a new hot water heater, new AC system and elegant plantation shutters throughout. Residents of the Village of Spirit Lake enjoy exclusive access to a community clubhouse, pool, tennis and basketball courts, playground, private lake access with boat launch and dock, all within a secure 24-hour gated community.
Perfectly positioned on Winter Haven's west side, renowned for its chain of lakes and proximity to LegoLand and major highways like the Polk Parkway, this home offers easy access to Tampa and Orlando.
Don't miss your chance to experience luxury living in this exceptional Winter Haven retreat. Discover the lifestyle you deserve – schedule your 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 6, 2024 | Listed by LA ROSA REALTY PRESTIGE | $439,000 | |
| Listed by LA ROSA REALTY PRESTIGE | |||
| Jun 2, 2023 | No longer available | - | |
| No longer available | |||
| May 13, 2023 | Price Decreased |
$474,500
↓ $400
(0.1%) | |
| Price Decreased | |||
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About Village at Spirit Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017