710 Lake DRIVE
About This Property
Positioned on a secluded private wooded 3.01 Acres. Comfortable and desirable floor plan. A true gourmet kitchen that includes lots of wooden cabinets, a huge island and high-end stainless-steel appliances and granite counter tops. The kitchen overlooks the family room and offers access via two sets of French doors to the private patio with a screened in pool. The living room and kitchen are very open, which allows for a lot of natural sunlight and is perfect for entertaining with its open floor concept! All the bedrooms are generously sized in a split bedroom plan. Adjacent to the living room is the formal dining room. Additional features include: Whole house generator, solar heat for pool, storm shutters for all the windows except dining room French doors, sprinkler system, gas fireplaces in great room/dining room and also master bedroom/bathroom, alarm system, pool alarm system, upgraded water filtration
system, central vacuum system, 50 amp RV plug at detached garage entrance and floor safe. Best of all a there is a 1,200 sq. ft. detached garage with power! Home has been very well maintained and cared for. Some updates include: AC replaced 04/05/2021, hot water heater replaced 08/06/2020, Patio screening replaced 02/09/2017 and pool pump rebuilt 03/07/2023. Centrally located close to shopping, medical, schools and downtown Deland. A 30 minute drive southwest will take you to Orlando or East to New Smyrna Beach. A must see, call to set up a showing today!
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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 |
|---|---|---|---|
| Nov 8, 2023 | Sold | ||
| Sold | |||
| Sep 26, 2023 | In contract | - | |
| In contract | |||
| Sep 22, 2023 | Listed by CHARLES RUTENBERG REALTY ORLANDO | $650,000 | |
| Listed by CHARLES RUTENBERG REALTY ORLANDO | |||
| Jul 7, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by CHARLES RUTENBERG REALTY ORLANDO | $625,000 | |
| Listed by CHARLES RUTENBERG REALTY ORLANDO | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017