5301 BARNETT PLACE
About This Property
5301 Barnett Place is a fully renovated Orlando home that delivers flexibility, freedom, and income potential in one of the city's most convenient, family-friendly locations. Perfect for first-time homebuyers looking to plant roots or investors seeking multiple income streams, this 3-bedroom, 2-bath property features a highly desirable split floor plan with two separate entryways, offering exceptional flexibility. With bedrooms on each side of the home and generous living space throughout, the layout easily supports multi-generational living, house hacking, or the potential to create separate rental areas. Inside, the home has been completely renovated with modern finishes, including luxury vinyl flooring throughout, recessed lighting, and two living areas - a formal living room and a spacious family room. The kitchen shines with brand-new stainless steel appliances, ample storage, and a clean, modern feel ideal for daily living or entertaining. Every room is equipped with an energy-efficient ceiling fan with remote, adding comfort and efficiency throughout the home. Both bathrooms have been fully updated, with the guest bathroom featuring floor-to-ceiling tiled walls, creating a sleek, contemporary look. Major system updates provide peace of mind, including a 2018 roof, brand-new A/C and vents, a 2020 water heater, new interior and exterior electrical with updated breakers, and a full replumb. Step outside to discover a huge backyard with endless possibilities. The enclosed patio offers potential for a future summer kitchen, while the large detached shed can be converted into an additional unit - opening the door to multiple rental opportunities and up to three income streams. A rear gate provides private access to the backyard, perfect for added flexibility. For outdoor enthusiasts and those who value freedom, this home features NO HOA, with ample space to park RVs, boats, or trailers. Location is a standout: this home is surrounded by schools, making it ideal for families - walking distance to Pine Hills Elementary, just two minutes to Robinswood Middle School, and close to Oak Hill Elementary. You're also minutes from Colonial Drive, offering easy access to shopping, dining, and daily conveniences, and just around the corner from Barnett Park, a favorite for family outings, sports, and community events. Whether you're looking for a move-in-ready family home in a school-rich area or a property with serious investment and rental potential, 5301 Barnett Place delivers flexibility, location, and long-term value - all in one.
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 2, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Feb 3, 2026 | Listed by NETWORTH REALTY OF ORLANDO, LLC | $325,000 | |
| Listed by NETWORTH REALTY OF ORLANDO, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017