920 NOLA DRIVE
About This Property
The property boasts numerous appealing features: a new roof in 2021, a new A/C in 2024 (1 of 2), 4 bedrooms, 3 bathrooms, an oversized 3-car garage, 9ft sliders that allow plenty of natural light, a wonderfully covered patio, 42" maple cabinets, Corian countertops, plenty of storage within the kitchen and laundry room on the second floor, etc.
This estate home presents with impressive 9-foot double doors that invite you into a grand foyer. Upon entering, you will be greeted by high ceilings that are decorated with crown molding, a formal dining room on your right, and a formal living room on your left featuring wood floors, then flow into a wonderful open floor plan that radiates elegance, where you will be able to entertain your entire family and a large group of friends. Right across is the second master bedroom with a full bathroom, which offers privacy for your guests or a mother-in-law suite.
Let's go upstairs via the double-sided staircase, where you will be greeted by a wonderfully open loft/game room, 3 additional bedrooms, a bathroom, a laundry room, storage, and your dream of an owner's suite. The oversized Owner's Suite is luxurious and comfortable, featuring a huge sitting room with a bathroom for the Queen and King. It features separate vanities, a large garden bath, an upgraded glass-enclosed shower, two walk-in closets, and large windows allowing natural light to showcase your bathroom.
Resort-style amenities abound, including a sparkling community pool, splash pad, volleyball and tennis courts, basketball courts, baseball field, soccer field, walking/biking trail, dock, and a clubhouse!
Overall, this home offers a perfect location, features, modern amenities, comfort, and convenience, and top-ranked schools, making it an attractive option for potential buyers seeking an elevated living experience in the Westyn Bay Community. Centrally located within proximity to everything, including Ocoee High School, Downtown Orlando, all major theme parks, shopping malls, I-Drive, and the Orlando International Airport; all major highways, including 429, FL's Turnpike, E-W Expressway (408), and I-4.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017