601 VINCENT DRIVE
About This Property
The home is handicapped accessible, providing added comfort and ease of mobility with a functional layout designed to accommodate a variety of needs. The generously sized living and dining areas flow seamlessly into the kitchen, making the home perfect for both everyday living and entertaining.
Step outside to enjoy tranquil water views, with the property perfectly positioned next to a peaceful pond. The private back patio, complete with a pergola, offers a wonderful setting for outdoor dining, gatherings, or simply unwinding while taking in the serene natural surroundings.
The spacious primary suite serves as a comfortable retreat, while the additional bedrooms provide flexibility for guests, a home office, or hobbies. Every space in the home has been designed with both comfort and practicality in mind.
Ideally located just minutes from downtown Mount Dora, this home offers convenient access to charming boutiques, local dining, waterfront parks, and year-round events, all while maintaining a quiet and scenic residential setting.
Over 1/3 acre lot and NO HOA! The roof was replaced in March 2023 ,the HVAC in 2015 and the hot water heater in 2018.
This property truly combines comfort, accessibility and location making it an exceptional opportunity you won't want to miss!
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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.
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About Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017