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Wedgefield 32833 Cape Orl Estates
2259 Bancroft BOULEVARD
$72,000
● Land - Off Market

2259 Bancroft BOULEVARD

ORLANDO, FL 32833
bedrooms
Studio
bathrooms
0 Bath
$83,215
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Build your new home in the desirable Wedgefield community.  There's an optional HOA, K-12 state of the art school, Wedgefield 18 hole Golf Course, restaurant, park, and the Hal Scott Regional Preserve. Wedgefield is close to downtown Orlando on the 528, short drive to the beaches, Orlando Airport, and shopping at Waterford Town Center.
Unit Size
-
Days on Market
38 days
Land Size
0.25 acres
Price per sqft
-
Property Type
Land
Property Taxes
$58
HOA Dues
$4
Year Built
-

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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: 3 years ago (Stellar MLS #O5953095)

Price History

Date / Event Date Event Price
May 3, 2022 Sold
Premium
Sold
Aug 13, 2021 Listed by WATSON REALTY CORP $434,900
Listed by WATSON REALTY CORP
Jul 30, 2021 Sold
Premium
Sold
Jun 21, 2021 Listed by WATSON REALTY CORP $72,000
Listed by WATSON REALTY CORP
Sep 26, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,801
  • Total Building Area: 2,884
  • Gross Building Area: 2,884
  • Building Area: 2,214
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,214
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPE ORL ESTS UT 1
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 00
  • Legal Description 1: ROCKET CITY UNIT 1 Z/29 A/K/A CAPE ORLAN DO ESTATES UNIT 1 1855/292 LOT 2 BLK 29

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 3266 600C
  • Census Tract: 016607

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 286A
  • Subdivision Tract Number: 7597
  • Parcel: 01-23-32-7597-29-020
  • Block: 29
  • Lot: 2
  • Meridian: SEC 01 TWN 23S RNG 32E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5148
  • Longitude: -81.0783

    Address

  • Full Address: 2259 Bancroft Blvd
  • Legal Unit: 1
  • Address - House Number: 2259
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Blvd
  • State: FL
  • City Name: Orlando
  • Carrier Code: R045
  • 4-Digit Zip Code: 3804
  • Zip Code: 32833

Valuation

    Tax

  • Total Area: 2,503
  • Tax Year: 2023
  • Tax Amount: $410,771
  • Initial Tax Delinquent Year: 2017
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.2119
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 482,308
  • High Value: 584,549
  • Low Value: 380,066

    Market Valuation

  • Market Total Value: $427,610
  • Market Land Value: $65,000
  • Market Improvement Value: $362,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,900

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 286259
  • Previous Sale Recording Date: Jul 30, 2021
  • Previous Sale Contract Date: Jul 29, 2021
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: 71
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 Wedgefield

Stats & Trends

Median Asking:

$685,000

Sale Price/ft²

$249

Below Asking

0.02%

Average Days on Market

79

Average Home Size

2727 ft²

Average Home Age

20.2 years

Currently For Sale

69 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

Rentals Near You

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STELLAR

Listed by: Christine David
WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5953095
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 2259 Bancroft Boulevard built and last sold?
The property at 2259 Bancroft Boulevard was built in and last sold on Apr 29, 2022 for $436,600.
How much is this home worth?
The estimated value of the home located at 2259 Bancroft Boulevard is $0.
What are some comparable homes to 2259 Bancroft Boulevard?
There are currently no comparable homes to 2259 Bancroft Boulevard.
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