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617 Marsh Reed Drive
About This Property
This spacious 5-bedroom, 4-bathroom home with a 2-car garage combines comfort, functionality, and energy efficiency. Enjoy Florida living in your private backyard oasis featuring a sparkling pool, perfect for relaxing or entertaining. The home is equipped with an impressive 44 fully solar panels, helping reduce energy costs while promoting sustainable living. With generous living spaces, a thoughtfully designed floor plan, and a prime location in one of Central Florida's most sought-after neighborhoods, this home offers the perfect blend of convenience, lifestyle, and value.
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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%.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Listed by Avenew Realty Corp | $780,000 | |
| Listed by Avenew Realty Corp | |||
| Jun 6, 2026 | Price Decreased |
$750,000
↓ $9K
(1.2%) | |
| Price Decreased | |||
| Apr 29, 2026 | Listed by KELLER WILLIAMS REALTY AT THE LAKES | $759,000 | |
| Listed by KELLER WILLIAMS REALTY AT THE LAKES | |||
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From the moment you arrive, this home feels like a place to slow down, settle in, and truly enjoy the best of Winter Garden living. Set within a quiet community, it offers a welcoming blend of comfort, natural light, and thoughtfully designed spaces that make everyday life feel just a little more special.
Inside, the home is filled with bright, natural light that enhances its open and inviting feel. Careful attention to design creates a sense of warmth and refinement throughout, offering spaces that are both functional and comfortable for daily living or hosting guests.
Step outside to a stunning covered pool area that becomes the heart of the home. Whether you are enjoying a quiet morning or gathering with friends, this private outdoor space offers the perfect setting to relax and unwind while taking full advantage of Florida living year-round.
The surrounding community adds another layer of appeal, offering access to amenities such as a clubhouse, pool, and tennis courts that support both recreation and connection. The neighborhood setting encourages time outdoors while maintaining a peaceful and well-kept environment.
Location is where this home truly shines. Just minutes from the vibrant Horizon West and Hamlin area, you will enjoy easy access to shopping, dining, and everyday conveniences. Nearby major roadways make commuting and travel simple, while local attractions and outdoor spaces provide endless opportunities to explore and enjoy your surroundings.
This home offers a unique balance of comfort, convenience, and lifestyle, creating a space where both everyday moments and special occasions feel effortless. Schedule your private showing to experience it in person and see how it fits your next chapter.
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| Aug 20, 2025 | Price Decreased |
$789,000
↓ $11K
(1.4%) | |
| Price Decreased | |||
| Jul 24, 2025 | Listed | $800,000 | |
| Listed | |||
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Stunning 5BR/4BA pool home in the highly desirable Johns Lake Pointe community. Built in 2016 by Meritage Homes, this 3,100+ sq ft property is loaded with upgrades and move-in ready. The gourmet kitchen features granite counters, tile backsplash, stainless steel appliances, double ovens, and a walk-in pantry. Downstairs showcases elegant marble and porcelain tile flooring, crown molding, and a flexible layout with a formal living area and a 5th bedroom or office. Upstairs includes wood floors throughout, a spacious loft, laundry room, and all bedrooms with walk-in closets. The luxurious primary suite offers a spa-like bath with soaking tub, dual vanities, separate shower, and custom closet. Enjoy outdoor living with a private screened-in pool, full paver surround, upgraded landscaping, fenced yard, and paid-off solar panels. Additional highlights: paved walkways, fenced backyard, and a 2-car garage. Resort-style amenities include clubhouse, fitness center, pool, tennis courts, and playground. Close to top-rated schools, highways, and Winter Garden Village.
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Property Highlights
Building Info
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Price/ft²
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About Johns Lake Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017