2737 FRIGATE DRIVE
About This Property
Step inside and feel the comfort, space, and versatility this home provides - plus so much more you'll appreciate in person!
Priced at ONLY $441,350
Whether you're looking for extra space or an unbeatable convenient location in Orlando, this home awaits you! Perfectly positioned in a highly desirable central Orlando location, this home is just 10-15 minutes from Orlando International Airport, downtown Orlando, and minutes from major highways (408, 417, 528, and I-4). Nearby, you will find Publix, LA Fitness, shopping centers, and dining....making it ideal for families, professionals, or anyone seeking the Central Florida Lifestyle.
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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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About Mariner's VIllage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017