818 SHRIVER CIRCLE
About This Property
Many major updates have already been completed. In 2025, the pool enclosure screens were replaced, the pool deck was repainted, and a new pool gutter was installed. Additional improvements include the air conditioner in 2023, the hot water heater in 2022, and the roof in 2021. The home is also pre-wired for a generator for added peace of mind. The updated primary bath offers a modern retreat with sleek quartzite countertops, dual sinks, a garden tub, and a separate shower.
This location is ideal. You're minutes from the Seminole County Trail for walking and biking, the Lake Mary Farmers Market, and great dining and shopping. Plus quick access to I-4, 417, downtown Orlando, and the beaches, Wekiva River State Park, New Smyrna Beach and more! Zoned for top rated schools including Lake Mary High, this home offers comfort and convenience in one of Lake Mary's most welcoming neighborhoods.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017