5484 Solterra CIRCLE
About This Property
The kitchen has stainless steel appliances and a spacious granite-topped island. The light-toned shaker cabinets, creatively stacked upon the tiled backsplash, make this kitchen a standout feature. On the first floor, you'll also find a guest bedroom, a convenient laundry room, a breakfast bar, ample storage closets, and a garage with epoxy finished floors. Plus, for those who prefer privacy, a screened-in pool and hot tub await right in your own backyard.
Upstairs, an oversized den provides an ideal space for family gatherings or larger groups. The primary bedroom is truly grand, with abundant natural light, a tiled shower, his and hers granite countertop sinks, and a spacious walk-in closet. This home offers ample space for all your needs, whether you choose to use it as a rental investment or as your primary or secondary residence – the possibilities are endless!
This particular home is just a short 90-second stroll from the resort's amenities, conveniently located right across the street. Speaking of the community, Solterra Resort is a secure, gated community that has exceptional facilities. Enjoy a clubhouse, a resort-style pool with a water slide, cabanas, a well-equipped fitness room, tennis and volleyball courts, a playground, and a recreational area. It has a lazy river, a hot tub and you can savor frozen cocktails from the poolside cafe.
Located in Davenport, it's just minutes away from Orlando's renowned theme parks, shopping, dining, and other attractions. Solterra Resort's prime location places you a mere 5 minutes from a supermarket and other shopping options. Additionally, Posner Park, featuring an IMAX movie theater and numerous stores, is only a 7-minute drive away. With all these incredible amenities and conveniences at your doorstep, this home is the perfect choice for your family. Schedule your showing today!
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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 |
|---|---|---|---|
| Oct 1, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Price Decreased |
$590,000
↓ $30K
(4.8%) | |
| Price Decreased | |||
| Jan 10, 2024 | Price Decreased |
$620,000
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Oct 18, 2023 | Price Decreased |
$635,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017