2016 GERDA TERRACE
About This Property
Just moments from Lake Ivanhoe and within close proximity to Princeton Elementary, the College Park Community Center and Pool, and the vibrant Edgewater Drive corridor, residents enjoy effortless access to a dynamic mix of dining, shopping, and local gathering spots. Nearby Ivanhoe Village, Winter Park's Park Avenue, Downtown Orlando, AdventHealth, and Orlando Health further elevate the convenience and lifestyle offered by this exceptional location.
Complementing this premier setting is a custom-built residence that reflects a higher level of design, craftsmanship, and attention to detail than typically found in new construction within the area. Thoughtfully designed with elevated ceiling heights, refined finishes, and a seamless connection between interior and outdoor living spaces, the home delivers both functionality and a sense of understated luxury.
The result is a rare opportunity to secure a newer construction home with meaningful architectural character in one of College Park's most coveted and tightly held locations.
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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 College Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017