2932 Penelope LOOP
About This Property
Located within the gated Storey Lake Resort, this property provides access to a range of top-notch amenities, including a lazy river, kayak rentals, water slides, a resort pool and spa, and a fitness center. Situated just 10 minutes from Disney Theme Park, Disney Springs, and various shopping centers, and only 20 minutes from Orlando International Airport, the location of this home is truly unbeatable.
Do not miss the opportunity to experience this exceptional property. Request a showing today!
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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 |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Aug 27, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Price Decreased |
$985,000
↓ $74K
(7%) | |
| Price Decreased | |||
| Jun 4, 2024 | Relisted | $1,059,000 | |
| Relisted | |||
| May 30, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017