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Orlando 32805 Lake Sunset
603 Doby AVENUE
$300,000
● House - Off Market

603 Doby AVENUE

ORLANDO, FL 32805
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,700 Ft²
$1,606
Est. Monthly
12.27%
Cap Rate

About This Property

Don't miss this fantastic chance to own an income-producing property! This renovated 4 bedroom, 2 bath home is divided into 2 units. The front has 3 bedrooms, 1 bath, while the back boasts a full one bedroom, one bath unit with a combined kitchen and living room. Updated electric, AC, and plumbing just a year ago, plus the convenience of on-site washer and dryer. Situated on a spacious lot. Conveniently located near downtown Orlando, shopping, theme parks, restaurants, entertainment, major highway! Great investment opportunity!
Unit Size
1,700 Ft²
Days on Market
138 days
Land Size
0.20 acres
Price per sqft
$176
Property Type
House
Property Taxes
$133
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 #O6173775)

Price History

Date / Event Date Event Price
Jun 11, 2024 Sold
Premium
Sold
Apr 9, 2024 In contract -
In contract
Mar 24, 2024 Relisted $300,000
Relisted
Mar 3, 2024 No longer available -
No longer available
Feb 16, 2024 Price Decreased $300,000
↓ $10K (3.2%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 14
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,629
  • Total Building Area: 1,789
  • Gross Building Area: 1,789
  • Building Area: 1,281
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,281
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUOLA TERRACE
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: LUOLA TERRACE T/17 LOT 8 BLK D

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 011702

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 151
  • Subdivision Tract Number: 5292
  • Parcel: 33-22-29-5292-04-080
  • Block: D
  • Lot: 8
  • Meridian: SEC 33 TWN 22S RNG 29E
  • Municipality: ORLANDO
  • Latitude: 28.5338
  • Longitude: -81.4114

    Address

  • Full Address: 603 Doby Ave
  • Address - House Number: 603
  • Address - Street Name: Doby
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Orlando
  • Carrier Code: C003
  • 4-Digit Zip Code: 3044
  • Zip Code: 32805

Valuation

    Tax

  • Total Area: 1,375
  • Tax Year: 2023
  • Tax Amount: $173,312
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 26-ORL

    Appraisal Valuation

  • Standard Deviation: 0.0809
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 94
  • Final Value: 304,486
  • High Value: 329,139
  • Low Value: 279,833

    Market Valuation

  • Market Total Value: $108,842
  • Market Land Value: $36,000
  • Market Improvement Value: $72,842

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,842
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $72,842

    Sales

  • Current Sale Contract Date: Jan 31, 2023
  • Current Sale Recording Date: Feb 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 70290
  • Previous Sale Recording Date: Jul 08, 2015
  • Previous Sale Contract Date: Jun 26, 2015
  • Previous Sale Amount: $41,000
  • Previous Sale Document Type: 68
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 Lake Sunset

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

37

Average Home Size

10437 ft²

Average Home Age

69 years

Currently For Sale

2 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 505 Chatham Avenue, ORLANDO, FL, 32801

$3,410 /mo

  • 3 Beds
  • 2 Baths
  • 1,498 ft²
505 Chatham Avenue, ORLANDO, FL, 32801 Listing by Thomas Williams

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Cora Johnson
WYNNMORE REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6173775
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 603 Doby Avenue built and last sold?
The property at 603 Doby Avenue was built in 1962 and last sold on Jan 31, 2023 for $167,000.
How much is this home worth?
The estimated value of the home located at 603 Doby Avenue is $0.
What are some comparable homes to 603 Doby Avenue?
There are currently no comparable homes to 603 Doby Avenue.
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