5801 THUNDER ROAD
About This Property
The property is located within the Spring Lake Property Association. According to information provided by the association, building setbacks are approximately 30 feet in the front, 25 feet in the rear, and 15 feet on each side.
Located within the desirable Spring Lake community, the property enjoys convenient access to US Highway 98, nearby golf courses, recreational amenities, and the renowned Sebring International Raceway. Shopping, dining, healthcare facilities, banking, and Downtown Sebring are all within a short drive, offering a convenient balance of residential living and everyday accessibility.
Residents also enjoy proximity to Lake Istokpoga, one of Florida's premier Freshwater fishing destinations, as well as nearby parks, boating, fishing, walking trails, and outdoor recreation opportunities.
Flood Zone X, where flood insurance is generally not required by lenders. Financing available with as little as 20% down payment for qualified buyers.
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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 |
|---|---|---|---|
| Jul 22, 2026 | Sold | ||
| Sold | |||
| Jul 9, 2026 | In contract | - | |
| In contract | |||
| Jun 12, 2026 | Listed by PLANTATION REALTY, INC. | $30,000 | |
| Listed by PLANTATION REALTY, INC. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017