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673 LOBELIA DRIVE
About This Property
Holly Hill Estates is a low-HOA neighborhood tucked just off US-27, giving you a quiet residential setting with fast access to everything Central Florida offers. Posner Park, one of the area's top shopping destinations, is minutes away with Target, Best Buy, HomeGoods, Marshalls, Ulta, a Cinepolis IMAX theater, Starbucks, Dutch Brothers, Davenport's Ale House, Chipotle, and Twistee Treat. Publix, ALDI, and Walmart, Sams & BJ's Club are all close by for everyday errands, and local favorites like Best of British Pub and Pizzano's Pizza & Grinders round out the dining options.
Outdoor lovers will enjoy hiking the 8,000+ acre Lake Marion Creek Wildlife Management Area, fishing and boating on Lake Marion, and exploring Catfish Creek Preserve State Park and Lake Kissimmee State Park. Spend a weekend at the historic Bok Tower Gardens, grab fresh citrus and soft-serve at Ridge Island Groves, or enjoy a tasting at True Blue Winery. Champions Gate, Walt Disney World, LEGOLAND Florida, and Orlando's world-famous attractions are all a short drive.
Commuting is simple with quick access to US-27 and I-4, putting Orlando, Lakeland, and Tampa within easy reach. Nearby schools include Davenport School of the Arts and Davenport High School, a newer campus offering fine arts, hospitality, and technology academies (buyer to verify zoning).
With an open layout, a garage, an outdoor entertaining space, and a location in one of Polk County's fastest-growing areas, this home is a strong fit for a primary residence, second home, or investment property. Schedule your private showing today!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017