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Sky Lake 32809 Sky Lake Oak Ridge
5915 Luzon DRIVE
$350,000
● House - Off Market

5915 Luzon DRIVE

ORLANDO, FL 32809
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,476 Ft²
$360,668
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Under Construction. Brand New Construction
Unit Size
1,476 Ft²
Days on Market
84 days
Land Size
0.15 acres
Price per sqft
$237
Property Type
House
Property Taxes
$115
HOA Dues
-
Year Built
1962

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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: 3 years ago (Stellar MLS #U8184659)

Price History

Date / Event Date Event Price
Mar 2, 2023 Sold
Premium
Sold
Dec 9, 2022 Listed by CENTURY 21 LISTSMART $349,999
Listed by CENTURY 21 LISTSMART
Dec 22, 2021 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 2,010
  • Gross Building Area: 2,010
  • Building Area: 1,327
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,327
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SKY LAKE OAK RIDGE SEC UT 1 REP
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 0001
  • State Land Use Code: 001
  • Legal Description 1: SKY LAKE OAK RIDGE SECTION UNIT ONE REPL AT Y/126 LOT 44

Neighborhood

  • School District Name: Orange County School District
  • Census Tract: 014302

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 190
  • Subdivision Tract Number: 8081
  • Parcel: 23-23-29-8081-00-440
  • Lot: 44
  • Municipality: UN-INCORPORATED
  • Latitude: 28.472
  • Longitude: -81.3897

    Address

  • Full Address: 5915 Luzon Dr
  • Address - House Number: 5915
  • Address - Street Name: Luzon
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C036
  • 4-Digit Zip Code: 4817
  • Zip Code: 32809

Valuation

    Tax

  • Total Area: 1,572
  • Tax Year: 2023
  • Tax Amount: $146,480
  • Tax Rate Code Area: 11-ORG

    Market Valuation

  • Market Total Value: $80,000
  • Market Land Value: $80,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,000
  • Assessed Land Value: $80,000

    Sales

  • Current Sale Contract Date: Feb 14, 2023
  • Current Sale Recording Date: Mar 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 118898
  • Previous Sale Recording Date: Dec 22, 2021
  • Previous Sale Contract Date: Dec 15, 2021
  • Previous Sale Amount: $45,000
  • 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 Sky Lake Oak Ridge

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$214

Above Asking

0.00%

Average Days on Market

50

Average Home Size

1183 ft²

Average Home Age

62.3 years

Currently For Sale

3 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 1216 Dickens Avenue, ORLANDO, FL, 32809

$2,475 /mo

  • 3 Beds
  • 2 Baths
  • 1,463 ft²
1216 Dickens Avenue, ORLANDO, FL, 32809 Listing by Bernardino Castorani
Unit for rent at 2532 Grand Central Parkway, ORLANDO, FL, 32839

$2,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
2532 Grand Central Parkway #8, ORLANDO, FL, 32839 Listing by Janay Thomas

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Robert Gawel
CENTURY 21 LISTSMART
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# U8184659
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 5915 Luzon Drive built and last sold?
The property at 5915 Luzon Drive was built in 1962 and last sold on Feb 14, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 5915 Luzon Drive is $357,505.
What are some comparable homes to 5915 Luzon Drive?
There are currently no comparable homes to 5915 Luzon Drive.
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