8331 Choctaw TRAIL
About This Property
Imagine residing on 5.25 acres of serene land, tucked away in a private haven complete with your very own tranquil pond. And here's the best part – you're only minutes away from the magic of Disney!
This home is designed for those who value spaciousness and luxury. With five generously sized bedrooms, three inviting balconies/private porches, and a brand-new gourmet kitchen adorned with stunning quartz countertops and a captivating backsplash, including an expansive nine-foot by five-foot-wide kitchen island – culinary bliss awaits you.
Step outside to discover a paradise of relaxation and recreation. Dive into your nine-foot-deep pool, enhanced with a waterfall feature, or unwind in your hot tub while enjoying the numerous animals exploring the nature that surrounds you. Perhaps you like to entertain, well you'll love the huge pool deck with space for all your friends and family.
But that's not all, this property offers endless potential. The current owners have already made substantial improvements, including an 80-gallon hybrid water heater installed just months ago, a new roof in 2017, and new AC units in 2018.
The opulent master bathroom was elegantly redesigned within the last year, and fresh flooring is evident throughout this splendid home. There's also still room for your personal touch – you have the option to add two additional bathrooms if you desire.
Furthermore, this versatile area is zoned for horses, RV parking, boats, and more, making it the ideal retreat or your very own personal resort, all while enjoying the serenity of the countryside.
Welcome to a home that truly has it all – an impeccable blend of location, luxury, and potential. And another added bonus, you can use it as a short term rental too!
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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 |
|---|---|---|---|
| Jan 19, 2024 | Sold | ||
| Sold | |||
| Dec 18, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Price Decreased |
$875,000
↓ $25K
(2.8%) | |
| Price Decreased | |||
| Sep 26, 2023 | Listed by MAXIM REALTY ORLANDO | $899,900 | |
| Listed by MAXIM REALTY ORLANDO | |||
| Oct 20, 2022 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017