114 2ND STREET
About This Property
Both bedrooms provide comfortable retreats, while the two full bathrooms add convenience for residents and guests. The home's location puts you close to everything Orlando has to offer, including shopping centers, restaurants, world-famous theme parks, and major roadways for easy commuting.
The property's proximity to Orlando International Airport makes travel convenient, while nearby amenities ensure daily needs are easily met. Hard flooring throughout the home provides easy maintenance and a clean, updated appearance.
This manufactured home represents an affordable opportunity to live in a desirable Orlando location with quick access to employment centers, entertainment, and transportation options. The combination of move-in ready condition, modern kitchen features, and strategic location makes this property an attractive option for buyers seeking value and convenience in the Orlando market.
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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