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971 WAVERLY DRIVE
About This Property
Location, location, location! This 4-bedroom, 2-bathroom home in the heart of Longwood puts you just 4 minutes from Publix, 6 minutes to the I-4 onramp, and 12 minutes to Lake Mary Blvd's shopping and dining corridor - everyday convenience without sacrificing the quiet feel of a residential neighborhood.
Inside, a smart split floor plan offers privacy for the primary suite while three additional bedrooms share their own wing. Entertain in style with a separate formal living room for quiet gatherings, plus a family room anchored by a cozy fireplace for everyday living. Step outside to a screened-in back porch, perfect for enjoying Florida evenings bug-free.
Major systems are already handled: a 2020 roof and 2022 AC and all new plumbing will give you real peace of mind and real savings from day one. The home is ready for your personal touch - bring your vision and build instant equity in one of Longwood's most convenient pockets. If you are a home buyer looking to customize a home exactly to your taste, this is the opportunity you've been waiting for.
Schedule your showing today - homes with this combination of location and upside don't last long!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017