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Lake Butler 34786 Lake Burden South
7540 Lake Albert DRIVE
$610,000
● House - Off Market

7540 Lake Albert DRIVE

WINDERMERE, FL 34786
bedrooms
5 Beds
bathrooms
4 Baths
square feet
3,409 Ft²
$669,043
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Tenants are finally out!  Easy to show now!! This property is conveniently located in Windermere, one of the best neighborhoods in Orlando with great schools!  This Sugarloaf floor plan has 5 bedrooms, 4 full bathrooms and a 3 car garage. The kitchen is spacious and features granite counter-tops and a huge island. Perfect for cooking and hosting a wine and cheese party! The community offers clubhouse, pool, walking trail, playground, tennis courts, baseball court, and a fishing pier. So many great amenities on your spare time and to wow your guests!  SELLER IS FIRM ON THE ASKING PRICE.
Unit Size
3,409 Ft²
Days on Market
181 days
Land Size
0.21 acres
Price per sqft
$176
Property Type
House
Property Taxes
$583
HOA Dues
$69
Year Built
2014

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #O5943924)

Price History

Date / Event Date Event Price
Dec 13, 2021 Sold
Premium
Sold
May 18, 2021 Listed by FLORIDA 360 REALTY LLC $600,000
Listed by FLORIDA 360 REALTY LLC
Feb 3, 2014 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 4
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,078
  • Total Building Area: 4,463
  • Gross Building Area: 4,463
  • Building Area: 3,134
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,134
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE BURDEN SOUTH PH 2
  • Land Acres: 0000000208
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: LAKE BURDEN SOUTH PHASE 2 79/32LOT 205

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0232 0332 2339
  • Census Tract: 017108

Zoning

  • Zoning: P-D

Geography

  • Subdivision Phase Number: 2
  • Subdivision Tract Number: 4321
  • Parcel: 25-23-27-4321-02-050
  • Block: 2
  • Lot: 50
  • Meridian: SEC 25 TWN 23S RNG 27E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.4485
  • Longitude: -81.5545

    Address

  • Full Address: 7540 Lake Albert Dr
  • Address - House Number: 7540
  • Address - Street Name: Lake Albert
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Windermere
  • Carrier Code: R023
  • 4-Digit Zip Code: 5921
  • Zip Code: 34786

Valuation

    Tax

  • Total Area: 3,589
  • Tax Year: 2023
  • Tax Amount: $948,187
  • Tax Rate Code Area: 75-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 820,255
  • High Value: 957,234
  • Low Value: 683,277

    Market Valuation

  • Market Total Value: $588,168
  • Market Land Value: $80,000
  • Market Improvement Value: $508,168

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,168
  • Assessed Land Value: $80,000
  • Assessed Improvements Value: $508,168

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210759284
  • Previous Sale Recording Date: Feb 03, 2014
  • Previous Sale Contract Date: Jan 21, 2014
  • Previous Sale Amount: $368,570
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lake Burden South

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

84

Average Home Size

3392 ft²

Average Home Age

11.8 years

Currently For Sale

6 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6124 Foxfield Court, WINDERMERE, FL, 34786

$5,200 /mo

  • 4 Beds
  • 3 Baths
  • 2,887 ft²
6124 Foxfield Court, WINDERMERE, FL, 34786 Listing by Bo Julian

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Valquiria Pidgeon
FLORIDA 360 REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5943924
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 7540 Lake Albert Drive built and last sold?
The property at 7540 Lake Albert Drive was built in 2014 and last sold on Nov 15, 2021 for $610,000.
How much is this home worth?
The estimated value of the home located at 7540 Lake Albert Drive is $0.
What are some comparable homes to 7540 Lake Albert Drive?
There are currently no comparable homes to 7540 Lake Albert Drive.
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