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875 FRASER DRIVE
About This Property
Enjoy Florida living in your fully fenced backyard with no rear neighbors. A 10x30 covered screened porch is perfect for outdoor relaxation, and the powered shed with windows offers endless possibilities-ideal for a she shed, man cave, or private office.
Less than a mile away, Poinciana Community Park provides a wide range of recreational facilities, including a 0.75-mile paved walking path, playground, baseball fields, cricket pitch, and basketball courts. The park also features multipurpose fields, a rentable pavilion for events, and a dog park with separate areas for large and small dogs, agility equipment, water fountains, and shaded areas for owners.
Additional highlights include a 2-car garage, stone front accents, sprinkler system, and a large 9,696 sq ft lot. Conveniently located near shopping, dining, schools, and major highways, this home combines comfort, convenience, and a variety of nearby amenities.
Features: 3 Bedrooms | 2 Baths | Bonus Room | 2-Car Garage | Powered Shed | Screened Porch | Large Fenced Yard | Resort-Style Amenities Nearby
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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 |
|---|---|---|---|
| Sep 22, 2026 | Price Increased |
$272,000
↑ $32K
(13.3%) | |
| Price Increased | |||
| Aug 12, 2026 | Price Decreased |
$240,000
↓ $35K
(12.7%) | |
| Price Decreased | |||
| Jul 11, 2026 | Price Decreased |
$275,000
↓ $20K
(6.8%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$295,000
↓ $25K
(7.7%) | |
| Price Decreased | |||
| Jan 29, 2026 | Price Decreased |
$319,500
↓ $500
(0.2%) | |
| Price Decreased | |||
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About Lake Marion Village
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017