823 CUNNINGHAM DRIVE
About This Property
The home features two bedrooms plus a flexible den/office space, along with an expansive 12x25 Florida Room complete with tinted plexiglass windows, a dedicated A/C and heat system, and remote-controlled power blinds for year-round enjoyment. The interior has been freshly painted and enhanced with updated light fixtures and newly added ceiling fans, creating a bright and refreshed feel throughout. The house is also equipped with a central vacuum system!
The garage is ideal for hobbyists or workshop use, offering its own separate A/C and heat, a skylight, storage shelves, full screen door, and convenient side exit door. Additional improvements include a roof replaced in 2012, A/C replaced in 2017, paver driveway, front patio and walkway, six double-pane single-hung windows, an irrigation system on an independent well, and a charming antique-style working well pump.
High Vista residents enjoy lawn service, cable TV, internet, guard-gated access, clubhouse with activity center, pool and spa, fitness center, tennis courts, on-site management, happy hour bar, access to a public golf course and more!
Conveniently located approximately 45 minutes from Orlando International Airport, 10–15 minutes to shopping and dining at Posner Park and Publix, about 20 minutes to AdventHealth Heart of Florida Hospital, and roughly 25–30 minutes to Walt Disney World and Universal Orlando Resort, this home offers both peaceful community living and easy access to Central Florida's top conveniences and attractions.
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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%.
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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