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2029 ALLSPICE AVENUE
About This Property
Continue into the dining area, where an additional sliding glass door overlooks the backyard and creates a bright setting for meals and gatherings. The adjoining kitchen features blue-gray cabinetry, light countertops, stainless steel appliances, an undermount double-basin sink and generous cabinet and drawer storage. A dedicated pantry provides additional organization, while the kitchen's connection to the dining area keeps the layout functional and convenient.
The separate bedroom wing includes three bedrooms and two full bathrooms, offering flexibility for guests, a home office or additional living needs. Vinyl flooring and a light interior color palette create a cohesive flow throughout the home. The attached two-car garage provides protected parking and additional storage space.
Outside, the covered patio offers a shaded setting for morning coffee, outdoor dining or quiet relaxation. The FULLY FENCED BACKYARD includes an open lawn, established tropical landscaping and room for gardening, recreation or additional outdoor gathering areas.
Located in Orlando's established Peppermill community, the neighborhood offers sidewalks, streetlights and nearby recreation that includes a park, playground, basketball court, open green space and dog park. Convenient access to shopping, dining, major roadways, Orlando International Airport and Central Florida attractions makes this a practical Orlando relocation home and an appealing option among Orlando homes for sale. Contact us today for a private tour or more details on this Central Florida real estate opportunity.
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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