614 MOUNT HOMER ROAD #1B
About This Property
The manager has listed the unit size as 956 square feet.
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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 |
|---|---|---|---|
| Nov 28, 2023 | Sold | ||
| Sold | |||
| Oct 21, 2023 | In contract | - | |
| In contract | |||
| Oct 12, 2023 | Listed | $219,900 | |
| Listed | |||
| | |||
|
This is one condo that is COMPLETELY move in ready! New appliances and garbage disposal, new paint, new hardware, new access doors, new quartz countertops, new faucets and sinks and new REAL wood floors throughout. HOA is in the process of scheduling roof replacements. Owner is having a new hot water heater installed. Centrally located within the Golden Triangle of Lake County, close to all kinds of shopping, restaurants, hospitals and the many festivals held each year in Eustis, Tavares and Mount Dora. Call to schedule your private showing today! You will be wonderfully amazed at this very unique condo and this community of only 15 homes.
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| Sep 20, 2020 | No longer available | - | |
| No longer available | |||
| Jul 15, 2020 | Price Decreased |
$110,000
↓ $7K
(6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/12/2023
|
2 Bed
|
2 Bath
|
956 ft²
|
$219,900
2 Bed
2 Bath
956 ft²
|
$219,000
-0.41%
11/28/2023
|
Betty Hensinger
WEICHERT REALTORS HALLMARK PRO
| |
|
04/09/2020
|
2 Bed
|
2 Bath
|
956 ft²
|
$117,000
2 Bed
2 Bath
956 ft²
|
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Building Info
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017