5618 GINGHAM DRIVE
About This Property
Exceptional value! Offered at $369,000, this beautiful 2025-built, 5-bedroom, 3-bathroom home with a 2-car garage is one of the lowest-priced homes of its size and age in the area.
The spacious open-concept floor plan features a modern kitchen with quartz countertops, stainless steel appliances, a large center island, and a great room ideal for everyday living and entertaining. A first-floor bedroom with a full bathroom provides excellent flexibility for guests, extended family, or a home office.
Enjoy a private backyard overlooking lake and conservation views with no rear neighbors. Energy-efficient construction provides additional comfort and potential savings on utility costs.
Community amenities currently include a pool, playground, and dog park, with additional resort-style amenities planned, including a clubhouse, fitness center, cafe, sports courts, rock-climbing wall, and lap pool.
Conveniently located approximately 19 miles from Magic Kingdom, with easy access to shopping, dining, schools, major highways, and Central Florida attractions.
6 Bedrooms | 3 Full Bathrooms | 2-Car Garage | Built in 2025 | Lake & Conservation Views | No Rear Neighbors | $369,000
Excellent opportunity for buyers looking for space, newer construction, location, and exceptional value in Central Florida.
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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 |
|---|---|---|---|
| Aug 17, 2026 | Listed by ADVANCE FLORIDA REALTY, INC. | $369,000 | |
| Listed by ADVANCE FLORIDA REALTY, INC. | |||
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$389,990
↓ $9K
(2.3%) | |
| Price Decreased | |||
| Jun 4, 2025 | Price Increased |
$398,990
↑ $8K
(2.1%) | |
| Price Increased | |||
Property Highlights
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About Poinciana
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017