821 S SOLANDRA DRIVE
About This Property
The home offers a durable flat roof design, contributing to its clean architectural lines and low-profile style. Large windows fill the interior with natural light, enhancing the open and inviting living spaces. The updated kitchen flows seamlessly into the main living area, making it ideal for everyday living and entertaining.
A spacious laundry room adds functionality and extra storage. Outdoors, enjoy Florida living with a large fenced front and backyard-perfect for pets, play, or entertaining. The inviting front porch is ideal for morning coffee or evening relaxation, while the large backyard shed provides ample storage for tools, hobbies, or outdoor equipment. The property also includes a covered two-car carport, offering convenience and protection from the Florida sun.
Ideally located just minutes from Downtown Orlando, Winter Park, local dining, shopping, and major roadways, this home offers easy access to everything Central Florida has to offer. The neighborhood is known for its strong sense of community, nearby parks, and a lifestyle that blends convenience, culture, and everyday comfort.
A fantastic opportunity to own an updated 3-bedroom home with modern features, outdoor space, and an unbeatable location.
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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 |
|---|---|---|---|
| Jun 8, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Price Decreased |
$298,897
↓ $1K
(0.3%) | |
| Price Decreased | |||
| Feb 4, 2026 | Price Decreased |
$299,897
↓ $1
(0%) | |
| Price Decreased | |||
| Jan 24, 2026 | Listed by RE/MAX ASSURED | $299,898 | |
| Listed by RE/MAX ASSURED | |||
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About Monterey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017