40 MOREE LOOP #7
About This Property
Notable features include an in-unit laundry room, recessed lighting, a dusk-to-dawn timer for the front porch light, a 6x8 interior storage area, an updated primary shower, and a screened front-entry patio. Step outside to your private 6' x 19' screened-in patio-an ideal spot for morning coffee, peaceful evenings, or enjoying the Florida breeze year-round.
Two assigned parking spaces are conveniently located directly in front of the home, providing easy access and added peace of mind. The well-maintained condo community offers a resort-style atmosphere with amenities including a sparkling pool, tennis courts, a clubhouse, playgrounds, and scenic walking trails, all surrounded by lush landscaping and natural beauty.
Major updates include a 2018 A/C system and a 2019 water heater. Ideally situated just minutes from top-rated Seminole County schools, shopping, dining, and major highways, this home delivers the ideal balance of convenience and tranquility. Whether you're looking for a primary residence, an investment opportunity, or a low-maintenance lifestyle near Orlando, this condo truly checks all the boxes.
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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 |
|---|---|---|---|
| Feb 18, 2026 | Sold | ||
| Sold | |||
| Jan 22, 2026 | In contract | - | |
| In contract | |||
| Jan 7, 2026 | Price Decreased |
$164,900
↓ $15K
(8.3%) | |
| Price Decreased | |||
| Dec 12, 2025 | Listed by KELLER WILLIAMS HERITAGE REALTY | $179,900 | |
| Listed by KELLER WILLIAMS HERITAGE REALTY | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/12/2025
|
3 Bed
|
2 Bath
|
1400 ft²
|
$179,900
3 Bed
2 Bath
1400 ft²
|
$175,000
-2.72%
02/18/2026
|
Jeff Singletary
KELLER WILLIAMS HERITAGE REALTY
| |
|
03/26/2025
|
3 Bed
|
2 Bath
|
1400 ft²
|
$225,900
3 Bed
2 Bath
1400 ft²
|
$166,000
-26.52%
12/19/2025
|
Jessica Brown
EXP Realty, LLC
| |
|
01/31/2025
|
3 Bed
|
3 Bath
|
1400 ft²
|
$248,990
3 Bed
3 Bath
1400 ft²
|
$335,000
+34.54%
04/04/2025
|
Andre Hernandez
OLYMPUS EXECUTIVE REALTY INC
| |
|
06/13/2024
|
3 Bed
|
3 Bath
|
1400 ft²
|
$205,000
3 Bed
3 Bath
1400 ft²
|
$200,000
-2.44%
11/15/2024
|
Joyce Gary
PAINE-ANDERSON PROPERTIES, INC
| |
|
11/02/2023
|
3 Bed
|
3 Bath
|
1400 ft²
|
$227,900
3 Bed
3 Bath
1400 ft²
|
$231,000
+1.36%
12/22/2023
|
Myrna Contreras
XCELLENCE REALTY
| |
|
05/04/2022
|
3 Bed
|
3 Bath
|
1400 ft²
|
$170,000
3 Bed
3 Bath
1400 ft²
|
$180,500
+6.18%
06/08/2022
|
Karen Bagwell
RE/MAX TOWN & COUNTRY REALTY
| |
|
07/29/2021
|
3 Bed
|
3 Bath
|
1400 ft²
|
$149,900
3 Bed
3 Bath
1400 ft²
|
$155,100
+3.47%
09/02/2021
|
Robert Christiano
COLDWELL BANKER REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017