8592 HEMPSTEAD WAY
About This Property
Welcome to this beautifully upgraded home with NO CDD, nestled in Lakes of Mount Dora, a sought-after 55+ community known for its vibrant lifestyle and impressive amenities, all centered around a full-service community clubhouse. Ideally located just minutes from charming downtown Mount Dora, this home offers both convenience and tranquility. A pavered driveway and walkway welcome you to a striking glass front door. Inside, the popular Harbor floor plan features 3 bedrooms and 2 baths and is loaded with high-end upgrades throughout. The gourmet kitchen shines with quartz countertops, under-cabinet lighting, and stainless steel appliances, while ceramic tile flooring throughout the entire home-no carpet-adds both style and ease of maintenance. Designed with comfort in mind, the home offers walk-in showers, a spacious backyard, and an extended garage complete with epoxy floors and additional storage. Ideally located just minutes from charming downtown Mount Dora, this home offers both convenience and tranquility.
Built by Medallion Homes, this home reflects exceptional attention to detail and quality craftsmanship and is still covered by a builder's warranty, providing peace of mind.
Located in Lakes of Mount Dora, recognized by Where to Retire Magazine as one of the Top 50 Best Master-Planned Communities in the U.S., this vibrant 55+ community offers exceptional living with no CDD fees. Residents enjoy an unmatched lifestyle centered around a 18,000 sq. ft. clubhouse featuring a card room, library, billiards room, craft room, fitness center, and a spacious social hall hosting year-round events and entertainment.
Outdoor amenities include a resort-style pool, inviting fire pit, and an impressive lineup of recreational options such as tennis, pickleball, croquet, bocce ball, cornhole, and a softball field. Private golf cart access leads directly to the Country Club of Mount Dora, where residents can enjoy dining and championship golf. A future boat ramp will provide direct access to scenic Loch Leven Lake for gas-powered boats.
The $280 monthly HOA fee also includes secured, fenced storage for boats and RVs, adding exceptional value. Just 10 minutes from historic downtown Mount Dora, you'll enjoy easy access to award-winning restaurants, charming boutiques, and the area's beloved small-town atmosphere. This home delivers the perfect blend of comfort, community, and lifestyle-truly leaving little to be desired. Lakes of Mount Dora is conveniently located with easy access to SR-429, offering a smooth commute to Orlando, and is less than an hour from Florida's beautiful beaches. This move-in-ready home is waiting for you-just bring your furniture and personal touches to make it your own.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 25, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Jan 16, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Jan 14, 2026 | Listed by DENIZ REALTY PARTNERS LLC | $450,000 | |
| Listed by DENIZ REALTY PARTNERS LLC | |||
| Jul 2, 2025 | Price Decreased |
$450,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017