701 E Key AVENUE
About This Property
Boasting lake views from the living room, dining room, kitchen, primary bedroom, and bath, the interior of this light-filled home is designed for comfort and tranquility. With CUSTOM RENOVATIONS THROUGHOUT, the property features an inviting new breezeway addition (with approved plans and permits), connecting the spacious 2-car garage to the main house-adding more functional square footage.
Step outside onto your oversized front porch with new gorgeous tile and metal fencing, perfect for entertaining or relaxing with a glass of wine as you take in the serene lake vistas. The private, fenced backyard provides ample space for pets, privacy, or even a pool, all while being just steps away from the water's edge and the highly desirable lakefront walking trail!
The Golden Triangle-Eustis, Mount Dora, and Tavares-is at your fingertips, with easy access to everything this charming area has to offer. Just minutes from downtown Mount Dora and Tavares, and a short walk or drive to Ferran Park and the scenic Lake Eustis boardwalk.
With no other home offering this combination of features at this price in Eustis, this is an opportunity you won't want to miss. Make your offer today and experience lakeside living at its finest!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 22, 2024 | In contract | - | |
| In contract | |||
| Nov 22, 2024 | Price Increased |
$539,000
↑ $184K
(51.8%) | |
| Price Increased | |||
| Oct 27, 2024 | Relisted | $355,000 | |
| Relisted | |||
| Oct 17, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017