950 SPRING GARDEN STREET
About This Property
Step inside to vaulted ceilings and a smart split-plan layout that blends privacy with flow. The open kitchen features 42" cabinets, stainless steel appliances, and plenty of counter space, ideal for everyday living and entertaining. Retreat to the generous primary suite with walk-in closet, a raised-vanity bath, separate shower and garden tub.
Outside, enjoy a fully-fenced backyard, a large covered patio with roll-down shades perfect for outdoor BBQ's or relaxed weekends. Recent updates include a new roof (2024), new hot water heater (2023), HVAC (2018), and an EV charger for modern convenience. The attached two car garage is immaculate, with epoxy flooring, built-in workbench and upper cabinets. A shed adds additional utility.
This location is exceptional! Live minutes from Uptown Altamonte dining, movie theater, shopping and entertainment, yet enjoy the ease of being centrally situated between Orlando International Airport, area attractions, beaches and all that Central Florida offers.
With this combination of highly desirable location, move-in ready condition and no HOA constraints, this home represents a fantastic value in today's market in Altamonte Springs. Hurry come see!
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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.
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About West Altamonte Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017