6116 BROAD OAK DRIVE
About This Property
Tile flooring runs throughout the main living areas of the LARGE OPEN-CONCEPT floor plan, with carpeted bedrooms and loft for added comfort. Two primary ensuites, one on the main level and one upstairs, give the home flexibility and appeal for multi-family and multi-generational bookings.
Out back, with NO REAR NEIGHBORS and CONSERVATION VIEWS, you'll find a PRIVATE SCREENED AND HEATED POOL and covered lanai, reached through FLOOR-TO-CEILING sliding glass doors. It's a highly desirable feature for vacation renters seeking privacy and relaxation after theme park visits. Upstairs, the spacious loft serves as an entertainment hub with ample seating, a ceiling-mounted EPSON VS250 projector, and a LARGE PROJECTION SCREEN, making the home ideal for group stays and extended bookings. HAND-PAINTED themed murals (Star Wars, Frozen, and Spiderman) add to the guest appeal.
Whether you're adding to an existing portfolio or entering the vacation rental space, this home offers investors a proven layout in a high-demand short-term rental market, sold FULLY FURNISHED and RENTAL READY.
Solterra Resort amenities for you and your guests include a pool, spa, lazy river, snack bar, fitness center, and tennis and volleyball courts. Orlando's renowned attractions, including Sea World, Disney World, and Universal Studios, are just a short drive away, along with a wealth of shopping and dining options.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017