615 CAMELIA STREET
About This Property
Step outside to discover the charming brick paver walkway leading to a versatile shed with a metal roof, complete with AC and electricity-ideal for a workshop, home office, or additional storage space. The shed is set on a raised wooden deck with a railing and features double doors and windows on both sides, allowing plenty of natural light. On the side of the shed, you'll find even more storage space and a convenient workbench area, perfect for your DIY projects. The property is also equipped with a security camera system and hard drive that will convey with the home, giving you added peace of mind and security. Additionally, an included dual-fuel portable generator with a main panel adapter is capable of powering the entire house for up to 4-5 days.
Nestled in the peaceful community of Lake Dora Pines, residents enjoy low HOA dues and private access to a dock on Lake Dora, part of the scenic Harris Chain of Lakes. Whether you're looking to embark on a sunset cruise, go fishing, skiing, paddle-boarding, or simply soak in the stunning views, endless water adventures await just moments away. Plus, you're conveniently located just minutes from the vibrant charm of Downtown Mt. Dora and the City of Tavares. Don't miss this opportunity to own a move-in-ready home on a spacious corner lot in one of the area's most sought-after scenic locations! Call today for a private tour!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017