556 HENNEPIN LOOP
About This Property
Positioned next to a retention pond, this home enjoys added privacy with no immediate neighbor on one side, creating a more open and peaceful setting. Step inside to find high ceilings, tile and carpet throughout, and a very open, light-filled floor plan designed for both everyday living and entertaining.
The heart of the home is the luxury kitchen, featuring white quartz countertops, soft-close cabinets and drawers, a large center island, and a charming coffee station-perfect for your morning routine. With ample cabinetry and counter space, this kitchen flows seamlessly into the main living and dining areas.
A standout feature of this home is the presence of two primary suites, offering incredible flexibility. The first suite includes a walk-in closet and an additional coat closet, while the larger primary suite serves as a true retreat with a massive walk-in closet, a luxurious ensuite bath featuring a soaking tub, double sinks, and a linen closet.
This home is loaded with thoughtful upgrades, including an epoxy-coated garage floor, a whole-home water filtration system, and an energy-efficient hybrid (heat pump) water heater. The washer and dryer are included, and you'll appreciate the abundance of storage closets throughout the home.
Enjoy outdoor living on the covered lanai, complete with an upgraded privacy screen-perfect for relaxing in comfort. The fully fenced-in yard provides added privacy and is ideal for pets, entertaining, or simply enjoying your outdoor space.
Located in a quiet, well-maintained community with a low HOA and no CDD, residents enjoy convenient access to shopping, dining, parks, and major roadways.
Don't miss your opportunity to own a newer construction home with premium upgrades, dual primary suites, and added privacy in one of Lake Wales' growing communities!
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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 |
|---|---|---|---|
| May 9, 2026 | Price Decreased |
$349,990
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Mar 14, 2026 | Listed by KELLER WILLIAMS REALTY SMART 1 | $354,990 | |
| Listed by KELLER WILLIAMS REALTY SMART 1 | |||
| Dec 31, 2023 | Sold | ||
| Sold | |||
| Dec 12, 2023 | In contract | - | |
| In contract | |||
| Nov 30, 2023 | Price Decreased |
$349,950
↓ $15K
(4.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017