5838 JULIAN LOOP
About This Property
The home features a fenced yard, enlarged gutters, and a screened front entry for added comfort. The lanai has been professionally converted into a Florida Room with solar-tinted glass windows and a dedicated mini-split system, creating a bright, climate-controlled space to enjoy year-round. Inside, you'll find tile flooring throughout, crown molding, plantation shutters, and solar tubes in the living area that open and close for adjustable natural light.
The kitchen and pantry has upgraded functionality with pull-out drawers, shelving, and lazy Susans, while the primary bedroom includes a stylish feature wall. Additional highlights include an epoxied garage floor, whole-house Nova water filtration and purification system, new insulation over the Florida Room and garage, and an attic with pull-down stairs and wood flooring-ideal for seasonal storage. A 2-year-old washer and dryer are also included.
With new Ottawa Verandas starting around $475K, this home delivers exceptional value with well over $100K in upgrades, offering instant equity and a move-in-ready lifestyle in one of The Villages' most sought-after locations.
There is an Amenity fee of $205.
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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 25, 2026 | In contract | - | |
| In contract | |||
| Aug 22, 2026 | Listed by FLAT FEE MLS REALTY | $549,000 | |
| Listed by FLAT FEE MLS REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017