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3306 HARRISON AVENUE
About This Property
Combined, the two units offer an impressive 6 bedrooms, 4 bathrooms, and approximately 3,707 square feet of living space. Orange County approval has already been obtained for the new owner to combine the two sides, allowing you to create one expansive residence while maintaining the option to utilize the property as two separate living spaces. Each side features its own garage, providing a total of two garages, while the courtyard-style pool creates a private and inviting space between the units.
The possibilities are endless-live in one side while renting the other, accommodate extended family or guests, or combine both units to create a truly exceptional College Park residence. The property has been recently painted and features a brand-new roof, providing a fresh, updated starting point for its next owner. With its prime location, flexible configuration, pool courtyard, two garages, and already-approved opportunity to combine the units, this is a rare property that offers versatility and potential in one of Orlando's most sought-after neighborhoods.
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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%.
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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.
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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