2018 CEDAR PARK LANE
About This Property
half bath home has two levels and features the primary bedroom on the first floor. As you enter, you'll be greeted by a
cozy seating area and a formal dining room. The space then seamlessly flows into the kitchen and the family room,
creating an open and inviting atmosphere. The home was built in 2006 and has been meticulously cared for by one
loving family. The roof was replaced in 2020 and the pool deck was resurfaced at the same time. The downstairs air
conditioner was replaced in 2018 while the upstairs unit is original to the home. The home is perfect for entertaining
because of the open floorplan. The backyard has a screened-in pool and is set on an oversized lot, offering views of a
serene pond. Cedar Bend at Meadow Woods is conveniently located to the Orlando International Airport, Lake Nona
Medical City, dining establishments, shopping and all the theme parks Orlando is famous for. This home is move in
ready. Come by, your buyers will definitely thank you !
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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