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2209 GRAYSON DRIVE
About This Property
Waterford Lakes Town Center, UCF and Downtown Orlando just to name a few. Currently your only rear neighbors are trees and the lot is
surrounded by existing homes. Enjoy easy access to local shopping, dining and major roadways like the SR 408 and 417. Call today for more info and make this large lot in the heart of EAST ORLANDO yours!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 27, 2026 | Listed by WEMERT GROUP REALTY LLC | $175,000 | |
| Listed by WEMERT GROUP REALTY LLC | |||
| Nov 12, 2024 | Price Decreased |
$160,000
↓ $15K
(8.6%) | |
| Price Decreased | |||
| Aug 13, 2024 | Price Decreased |
$175,000
↓ $85K
(32.7%) | |
| Price Decreased | |||
| Apr 24, 2024 | Listed | $260,000 | |
| Listed | |||
| | |||
|
Seller may consider buyer concessions if made in an offer ~ Perfectly situated off E. Colonial Drive/Rouse Road on a dead-end street this .77 ACRE LOT is ready to be cleared to make room for your dream home! There is NO HOA and you are just minutes from every convenience - Waterford Lakes Town Center, UCF and Downtown Orlando just to name a few. Currently your only rear neighbors are trees and the lot is surrounded by existing homes. Enjoy easy access to local shopping, dining and major roadways like the SR 408 and 417. Call today for more info and make this large lot in the heart of EAST ORLANDO yours!
| |||
| Sep 17, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017