702 S SOLANDRA DRIVE
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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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by OPENDOOR BROKERAGE LLC | $284,000 | |
| Listed by OPENDOOR BROKERAGE LLC | |||
| Aug 28, 2025 | Listed | $299,000 | |
| Listed | |||
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One or more photo(s) has been virtually staged. Welcome to this 3-bedroom, 2-bathroom single-family home in the heart of Orlando. With 946 square feet of living space, this home features a comfortable layout designed for everyday living. The open floor plan connects the living room, dining area, and kitchen, creating a bright and inviting space. Vinyl flooring runs throughout the home for a clean and modern look. Recent improvements include a new HVAC system (2024), a new roof (2023), brand-new exterior electrical wiring leading to the home, and a new electrical box, offering peace of mind for years to come. The spacious backyard provides plenty of room to relax, garden, or entertain outdoors. Ideally located just minutes from downtown Orlando, you’ll have easy access to major highways, shopping, dining, the Orlando International Airport, and world-class attractions like Disney. With its central location, practical updates, and functional design, this home is a great opportunity to enjoy the best of Orlando living. Mortgage savings may be available for buyers of this listing.
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| Jan 29, 2024 | Sold | ||
| Sold | |||
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About Monterey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017