3261 Orange Grove Trail
About This Property
The community provides exceptional value with low HOA fees, granting access to a pool, clubhouse, tennis courts, playground, and a fishing pier for only $688 per YEAR. Perfectly situated, the neighborhood is adjacent to Publix, Dunkin' Donuts, CVS, and directly across from a new plaza with McDonald's, a gas station, and a car wash, with even more shops and restaurants to come! Enjoy the convenience of being less than half a mile from the elementary, middle, and high schools, with sidewalk-lined streets all the way.
This home also grants close proximity to the newly opened Big Corkscrew Island Regional Park, which features a water park, playground, soccer and baseball fields, and courts for pickleball, tennis, and basketball, and is conveniently located near a public golf course that offers pay-as-you-play options.
Finally, enjoy the added bonus of being only 15 miles from beautiful beaches and the Gulf of Mexico. The perfect blend of comfort, convenience, and community; schedule your showing today and discover all that this fantastic property has to offer!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 15, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | Price Decreased |
$467,000
↓ $13K
(2.7%) | |
| Price Decreased | |||
| Aug 12, 2024 | Price Decreased |
$479,900
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Jul 17, 2024 | Listed by Premiere Plus Realty Company | $485,000 | |
| Listed by Premiere Plus Realty Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017