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Fairview Shores 32810 Fairview Shores
5606 Satel DRIVE
$359,900
● House - Off Market

5606 Satel DRIVE

ORLANDO, FL 32810
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,431 Ft²
$1,915
Est. Monthly
7.16%
Cap Rate

About This Property

Amazing opportunity to own this completely remodeled home with a short commute to Downtown Orlando and the Maitland Center complex.  Satel Drive is located between two canals and has no cut thru traffic, making it an ideal peaceful retreat.  Inside you will be wowed by the completely remodeled interior. The expansive great room has loads of natural light and leads to the dining area with direct access to the back deck. Kitchen features newer stainless-steel appliances, granite countertops, and a load of cabinet storage.  The split bedroom floor plan offers two large bedrooms that share a pool bath, while the primary is secluded with its own ensuite.  Interior features all new wood plank tile, interior paint and recessed lighting.  The oversized two car garage has a separate laundry area. The French doors off the back of home lead to a huge deck overlooking the sparkling pool.  Enjoy your evenings out back or your mornings on the front covered porch.  Make this home yours today before it is too late.
Unit Size
1,431 Ft²
Days on Market
46 days
Land Size
0.30 acres
Price per sqft
$252
Property Type
House
Property Taxes
$147
HOA Dues
-
Year Built
1963

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (Stellar MLS #O6250248)

Price History

Date / Event Date Event Price
Dec 3, 2024 Sold
Premium
Sold
Oct 24, 2024 In contract -
In contract
Oct 18, 2024 Listed by COLDWELL BANKER RESIDENTIAL RE $359,900
Listed by COLDWELL BANKER RESIDENTIAL RE
May 19, 2020 Sold
Premium
Sold
Feb 28, 2018 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 1
  • Building Quality: 13
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 6
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,195
  • Total Building Area: 2,067
  • Gross Building Area: 2,067
  • Building Area: 1,431
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,431
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASBURY PARK 1ST ADD
  • Land Acres: 0000000303
  • Standard Land Use Code: 1001
  • County Land Use Code: 0104
  • State Land Use Code: 001
  • Legal Description 1: ASBURY PARK FIRST ADDITION Y/80 LOT 44 & N 18 FT LOT 43 BLK B

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0331 2004
  • Census Tract: 015202

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 141
  • Subdivision Tract Number: 314
  • Parcel: 34-21-29-0314-02-440
  • Block: B
  • Lot: 44,43
  • Meridian: SEC 34 TWN 21S RNG 29E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.6127
  • Longitude: -81.4092

    Address

  • Full Address: 5606 Satel Dr
  • Address - House Number: 5606
  • Address - Street Name: Satel
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C002
  • 4-Digit Zip Code: 4954
  • Zip Code: 32810

Valuation

    Tax

  • Total Area: 1,725
  • Tax Year: 2023
  • Tax Amount: $176,846
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 353,751
  • High Value: 419,153
  • Low Value: 288,348

    Market Valuation

  • Market Total Value: $278,673
  • Market Land Value: $85,000
  • Market Improvement Value: $193,673

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20200287269
  • Previous Sale Recording Date: Feb 28, 2018
  • Previous Sale Contract Date: Feb 07, 2018
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Fairview Shores

Stats & Trends

Median Asking:

$382,500

Sale Price/ft²

$280

Below Asking

0.03%

Average Days on Market

71

Average Home Size

1570 ft²

Average Home Age

62.2 years

Currently For Sale

43 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 900 Timor Ave, ORLANDO, FL, 32805

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
900 Timor Ave, ORLANDO, FL, 32805 Listing by Orlando Torres
Unit for rent at 4131 Grant Boulevard, ORLANDO, FL, 32804

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 1,513 ft²
4131 Grant Boulevard, ORLANDO, FL, 32804 Listing by Richelle Hilton
Unit for rent at 4809 Thorpe Avenue, ORLANDO, FL, 32804

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,100 ft²
4809 Thorpe Avenue, ORLANDO, FL, 32804 Listing by Shannon Lee

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Michael Morris
COLDWELL BANKER RESIDENTIAL RE
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# O6250248
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 5606 Satel Drive built and last sold?
The property at 5606 Satel Drive was built in 1963 and last sold on May 15, 2020 for $227,000.
How much is this home worth?
The estimated value of the home located at 5606 Satel Drive is $0.
What are some comparable homes to 5606 Satel Drive?
There are currently no comparable homes to 5606 Satel Drive.
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