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619 CALENDULA DRIVE
About This Property
Discover a place to build your dream home on 0.5 acres in the safe, quiet, and serene Indiane Lake Estates, in Polk County, Florida.
This community offers an array of amenities and extras, including a pristine golf course, clubhouse, fitness center, game room, library, meeting rooms, tennis courts, pickleball courts, scenic walking and biking trails, abundant wildlife and nature, and access to Lake Weohyakapka.
Enjoy the convenience of a boat ramp, beach, and marina on the lake. With low HOA fees of just $31 / month, this tranquil setting is conveniently located to all nearby roads and highways, and is just an hour away from Legoland, Disney, and Kissimmee.
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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 |
|---|---|---|---|
| Oct 14, 2025 | Price Increased |
$40,000
↑ $12K
(42.9%) | |
| Price Increased | |||
| Jan 23, 2025 | Listed by DALTON WADE INC | $28,000 | |
| Listed by DALTON WADE INC | |||
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About Indian Lake Estates
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$2,200 /mo
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$2,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017