826 Elderberry DRIVE
About This Property
Situated in the desirable Four Corners area of Davenport, this home includes five bedrooms, all located on the second floor, providing privacy and a quiet retreat. There are three bathrooms to accommodate the household and guests. The large open floor plan integrates the family room, living room, and a spacious kitchen. This layout is ideal for entertaining and family gatherings, allowing for seamless interaction and movement. Separate family and living rooms offer spaces for relaxation and socializing, while the large kitchen provides ample space for cooking and dining, suitable for preparing meals for large groups.
The outdoor features of this property are equally impressive. A private swimming pool with no rear neighbors and views over greenery ensures privacy and a peaceful environment. There is plenty of space around the pool for lounging and enjoying the outdoors. Additionally, the property offers stunning sunset views, providing a beautiful way to relax after a busy day.
The extensive square footage provides ample space for each family member to have their own area, as well as common areas for spending time together, making it ideal for large families. It is also well-suited for hosting extended family or guests, with enough room to accommodate everyone comfortably.
This home is conveniently close to Disney Theme Parks, schools, highways, supermarkets, and all the best main attractions. The community offers amenities such as a swimming pool and playground, all with a low HOA fee. Zoned for short-term rentals, this property is perfect as a residential home, or as a short-term or long-term investment opportunity.
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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 |
|---|---|---|---|
| Nov 6, 2024 | Sold | ||
| Sold | |||
| Sep 29, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Price Decreased |
$455,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Aug 17, 2024 | Price Decreased |
$465,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Aug 7, 2024 | Listed by MAXIM REALTY ORLANDO | $475,000 | |
| Listed by MAXIM REALTY ORLANDO | |||
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About Four Corners
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$3,100 /mo
- 4 Beds
- 3 Baths
- 1,902 ft²
$3,000 /mo
- 5 Beds
- 4 Baths
- 2,167 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017