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Oak Ridge 32839 Orange Blossom Terrace
2125 Wakulla WAY
$193,000
● House - Off Market

2125 Wakulla WAY

ORLANDO, FL 32839
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,117 Ft²
$1,361
Est. Monthly
11.99%
Cap Rate

About This Property

Huge price reduction! Check out this three bedroom one bath home on an oversized corner lot(.26 acre)  located right outside Downtown Orlando. Updated kitchen cabinetry and granite counter tops. A worry free newer AC unit and a Huge back patio enclosure. Enjoy easy access to I-4, turnpike, Florida Mall, restaurants, and International Drive.
Unit Size
1,117 Ft²
Days on Market
42 days
Land Size
0.26 acres
Price per sqft
$201
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1956

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (Stellar MLS #O6235393)

Price History

Date / Event Date Event Price
Oct 4, 2024 Sold
Premium
Sold
Sep 18, 2024 In contract -
In contract
Sep 6, 2024 Price Decreased $224,005
↓ $25K (10%)
Price Decreased
Aug 23, 2024 Listed by LIVE FLORIDA NOW LLC $249,005
Listed by LIVE FLORIDA NOW LLC
Apr 22, 2019 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 170
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,284
  • Total Building Area: 1,448
  • Gross Building Area: 1,448
  • Building Area: 1,117
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,117
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORANGE BLOSSOM TERRACE
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: ORANGE BLOSSOM TERRACE R/144 LOT 16 BLK G

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0333 2627
  • Census Tract: 016907

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 158D
  • Subdivision Tract Number: 6208
  • Parcel: 22-23-29-6208-07-160
  • Block: G
  • Lot: 16
  • Meridian: SEC 22 TWN 23S RNG 29E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.4763
  • Longitude: -81.4073

    Address

  • Full Address: 2125 Wakulla Way
  • Address - House Number: 2125
  • Address - Street Name: Wakulla
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Orlando
  • Carrier Code: C037
  • 4-Digit Zip Code: 3880
  • Zip Code: 32839

Valuation

    Tax

  • Total Area: 1,220
  • Tax Year: 2023
  • Tax Amount: $313,114
  • Tax Rate Code Area: 10-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1859
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 276,357
  • High Value: 327,744
  • Low Value: 224,970

    Market Valuation

  • Market Total Value: $200,700
  • Market Land Value: $75,000
  • Market Improvement Value: $125,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,700
  • Assessed Land Value: $75,000
  • Assessed Improvements Value: $125,700

    Sales

  • Current Sale Contract Date: Apr 18, 2019
  • Current Sale Recording Date: Apr 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20190244817
  • Previous Sale Recording Date: Dec 05, 2018
  • Previous Sale Contract Date: Nov 06, 2018
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Oak Ridge

Stats & Trends

Median Asking:

$287,900

Sale Price/ft²

$227

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1015 ft²

Average Home Age

32.8 years

Currently For Sale

106 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 671 Marot Street, ORLANDO, FL, 32809

$2,400 /mo

  • 4 Beds
  • 1 Bath
  • 1,175 ft²
671 Marot Street, ORLANDO, FL, 32809 Listing by Faisal Miah
Unit for rent at 5563 Millenia Park Boulevard, ORLANDO, FL, 32839

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,215 ft²
5563 Millenia Park Boulevard #525, ORLANDO, FL, 32839 Listing by Johan Nunez
Unit for rent at 5579 Millenia Park Boulevard, ORLANDO, FL, 32839

$2,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,150 ft²
5579 Millenia Park Boulevard #201, ORLANDO, FL, 32839 Listing by Juan Mejia

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Dean Erlandson
LIVE FLORIDA NOW LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# O6235393
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2125 Wakulla Way built and last sold?
The property at 2125 Wakulla Way was built in 1956 and last sold on Apr 18, 2019 for $147,500.
How much is this home worth?
The estimated value of the home located at 2125 Wakulla Way is $0.
What are some comparable homes to 2125 Wakulla Way?
There are currently no comparable homes to 2125 Wakulla Way.
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