2408 Lake Sunset DRIVE
About This Property
Home has some great upgrades not usually found in homes at this price, central air conditioner, granite countertops,
modern kitchen, open floor space, car port, alarm system, irrigation system, spacious back yard and a separate laundry
room. Minutes from Interstate 4, Downtown Orlando, Lake Sunset right across the street, secure front, side and laundry
doors, washer and dryer and a nice long driveway leading to the lighted car port. Great for an investor. Painted inside and out in September pf 2023, water heater, appliances, roof and granite countertops
installed in 2018. Live near it all in this great home for a small price. Plenty of room for backyard games, cookouts and even space
to build a pool if needed.
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Cap Rate Calculator
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017