777 Pine LANE
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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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Relisted | $350,000 | |
| Relisted | |||
| Apr 1, 2024 | In contract | - | |
| In contract | |||
| Mar 6, 2024 | Listed by PREMIER SOTHEBYS INT'L REALTY | $350,000 | |
| Listed by PREMIER SOTHEBYS INT'L REALTY | |||
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In the city of Clermont on a dead-end street sits this wonderful home that has been updated and maintained! The great room is spacious, offering ample room to create a sizable family room or a combined living and dining area, with additional space adjacent to the kitchen that could easily serve as a home office. The kitchen boasts plenty of cabinets, along with stainless steel appliances including a range, microwave, dishwasher, and sink overlooking the rear yard. New lighting has been installed to brighten both the kitchen and office. The dining room, initially mentioned as a potential office, features sliding glass doors leading out onto the 16 by 16-foot wood deck, perfect for relaxing and enjoying the fenced rear yard. Lake Minnehaha, just a few blocks away, provides cool breezes. Inside, the primary bedroom is nicely sized, with a remodeled primary bath showcasing extensive tile work, a cabinet vanity, a vessel sink, and a remodeled tub and shower. All bedrooms feature newer wood-look plank porcelain tile and ceiling fans. The roof and plumbing were replaced in 2016, a wood fence was installed in 2021, a new AC system with a 10-year warranty was installed in 2023, and all new ducts were installed in February 2024. The garage now includes attic access, creating a 12 by 8-foot storage space. This home is conveniently located within blocks of Lake Minnehaha, shopping, services, churches, and banks, and is less than a three-minute drive to movie theaters and department stores. Easy access to major roads puts Orlando International Airport, Universal Studios, Disney Attractions, and most major work centers within a 40-minute drive. Additionally, it's less than five minutes to the South Lake Trail and Downtown Clermont, with its array of new shops, restaurants, and events. With its prime location and attractive price, don't miss the opportunity to schedule a viewing of this home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017