627 Kendall WAY
About This Property
Nestled on a quiet, interior lot in the Summerset North subdivision of Casselberry, this one-story POOL home offers a comfortable and convenient living experience, with NO HOA! Plus, enjoy the large BONUS ROOM as the garage area was converted to offer a 15x12 flex space - perfect for an additional bedroom or at-home office. Step under the covered front porch into a spacious living area, perfect for hosting gatherings or enjoying quiet evenings. A well-appointed kitchen boasts ample counter and cabinet space, with an adjacent dining area. Three bedrooms and two full baths provide comfortable accommodations for family or guests. A screened back patio offers views of the pool, perfect on warm summers days! Quick access to HWY 17 & 436 with nearby amenities, including local shops & dining, further enhance the appeal of this home!
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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 1, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2024 | In contract | - | |
| In contract | |||
| Aug 24, 2024 | Relisted | $300,000 | |
| Relisted | |||
| Aug 21, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by KELLER WILLIAMS REALTY AT THE LAKES | $300,000 | |
| Listed by KELLER WILLIAMS REALTY AT THE LAKES | |||
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About Summerset North
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017