3036 CONDEL DRIVE
About This Property
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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 15, 2026 | Price Decreased |
$200,000
↓ $10K
(4.8%) | |
| Price Decreased | |||
| Oct 1, 2026 | Listed by LEERDAM PROPERTIES INC. | $210,000 | |
| Listed by LEERDAM PROPERTIES INC. | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed | $299,000 | |
| Listed | |||
| | |||
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Under contract-accepting backup offers. Short Sale. Short Sale. Subject to seller’s lender(s) approval of contract and terms. Property is being sold As-Is, with no repairs or warranties from the seller. Buyer is responsible for all due diligence, including verification of HOA, taxes, fees, and property condition. Please allow extended time for third-party approval.
Located in the desirable Condel Gardens community in the Conway area (32812), this home offers convenience to Downtown Orlando, Orlando International Airport, major highways, and the Lake Conway Chain of Lakes. Set in an established neighborhood, it’s a great opportunity for a buyer or investor ready to bring vision and updates to a property with strong potential.
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| Oct 20, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017