5113 BALLARK STREET
About This Property
Located at 5113 Ballark St, Mt Dora, FL 32757, this delightful 3-bedroom, 2-bath residence combines elegance and practicality in a compact 1,248 sqft layout. Featuring high ceilings and crown molding that underscore its airy ambiance, this home is a haven of style and comfort.
The interior boasts an open floor plan, enhancing the flow from room to room-perfect for entertaining and everyday living. The kitchen is a modern chef's dream with granite countertops and stainless steel appliances, framed by hard flooring throughout the home for ease of maintenance. Each bedroom offers a peaceful retreat, with the primary bedroom providing ample space for relaxation.
Step outside onto the screened-in back porch, an ideal spot for enjoying Florida's beautiful weather or sipping your morning coffee in peace.
Situated in the desirable Mount Dora area, known for its chain of lakes-connecting to the inland waterway and the Atlantic Ocean-outdoor enthusiasts will find plenty to love. The community vibe extends to quaint downtown Mount Dora, just a short stroll away, where you can immerse yourself in a variety of activities from antique and craft stores to gourmet restaurants and horse-drawn carriage rides, appealing to both residents and visitors alike.
Don't miss the chance to own this beautiful home in a unique location where charm and convenience meet. Perfect for families or anyone looking for a blend of small-town feel and accessible luxury. Come, see for yourself why this property might just be your new dream home.
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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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Mar 2, 2025 | In contract | - | |
| In contract | |||
| Jan 18, 2025 | Price Decreased |
$319,900
↓ $10K
(3%) | |
| Price Decreased | |||
| Dec 28, 2024 | Relisted | $329,900 | |
| Relisted | |||
| Dec 24, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017