2942 CONDEL DRIVE
About This Property
Welcome to 2942 Condel Drive in Orlando, a 3-bedroom home offering a comfortable and functional setting with inviting indoor and outdoor spaces. Thoughtfully designed for everyday living, the home combines practical features with a spacious private backyard and attractive landscaping.
Inside, an open floor plan creates a seamless connection between the living, dining, and kitchen areas, providing plenty of flexibility for everyday routines and entertaining. LVP flooring extends throughout the home for a cohesive, low-maintenance finish. The kitchen features an induction cooktop and offers a functional space for preparing meals while remaining connected to the main living areas.
Outside, a welcoming front porch complements the home's curb appeal, while the newly improved private backyard provides plenty of room to relax, entertain, or garden. Backyard lighting creates an inviting atmosphere for evening enjoyment, and the property also features gutters, additional storage, and well-maintained landscaping. A chicken coop with three hens adds a unique backyard feature, and the hens may convey with the home if desired.
Conveniently located in Orlando, the home provides easy access to shopping, dining, parks, schools, and major roadways, with Downtown Orlando and other Central Florida destinations within convenient reach.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017