8201 Shriver DRIVE
About This Property
ROOF AND BEDROOM CARPET ARE SCHEDULED TO BE REPLACED BEFORE CLOSING! Wonderful clean 3 BR / 1.5 BA home in established East Orlando. Home has been beautifully maintained and is up-to-date with ceramic plank tile flooring in living areas and fresh carpet in the bedrooms (being installed prior to closing). Windows have been updated with energy efficient dual-pane windows. The kitchen is clean and fresh with plenty of cabinets. Fresh paint throughout the home. Ceiling fans in the living room and bedrooms. The oversized lot has partial fencing, a small shed, and bamboo in the back. One-car garage with door to outside, and the driveway has been extended to allow for side-by-side parking. The washer and dryer are in the garage, and there is a laundry tub, too! Established neighborhood of nicely maintained homes, with sidewalks, convenient to shopping and major highways. No HOA. Homes in this price range in great condition like this one sell quickly. Come see it soon so you don't miss out!
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017