979 PRINCETON DRIVE
About This Property
Welcome to your dream home in the highly sought-after gated community of College Park, set amidst the beautiful rolling hills of Clermont. Conveniently located off Hancock Road, this home offers easy access to Florida's Turnpike and Highway 50, making it ideal for commuters.
Move-in ready, this property boasts a brand-new roof installed in 2023, fresh paint, and updated flooring throughout. The vaulted ceilings and abundant natural light create an open and inviting atmosphere. The spacious kitchen is a chef's delight, featuring a breakfast bar, ample counter space, and sleek stainless steel appliances. Sliding glass doors lead to an extended, covered lanai, perfect for relaxing or entertaining in style. The split floor plan ensures privacy, with the primary suite separated from the guest bedrooms. Every bedroom includes a walk-in closet, offering plenty of storage space. The luxurious primary suite features a trey ceiling, private access to the lanai, a dual vanity, a standing shower, and a soaking tub, creating the ultimate retreat. This home combines modern comforts with a prime location, making it an exceptional find in Clermont. Schedule your private tour today!
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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 |
|---|---|---|---|
| May 9, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Mar 17, 2025 | Price Decreased |
$400,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Feb 17, 2025 | Price Decreased |
$410,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Jan 27, 2025 | Price Decreased |
$420,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
Property Highlights
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About College Park
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$2,600 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017