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854 N JERICO DRIVE
About This Property
The open floor plan keeps the main living spaces connected, creating an easy rhythm for weeknight dinners, weekend gatherings and everything in between. Three bedrooms and two baths offer a comfortable, functional layout, while the move-in-ready interior gives you the freedom to layer in your own style and make the space feel unmistakably yours.
Out back, a spacious screened patio becomes an extension of the home-a breezy spot for morning coffee, game-day spreads or lingering over dinner as the sun goes down. Beyond it, the expansive fenced yard is ready for whatever comes next: a garden, firepit, play space or the backyard retreat currently living on your inspiration board.
Set near Red Bug Lake Park, outdoor recreation is practically part of the neighborhood, with trails, playgrounds, sports fields, courts and fishing nearby. Shopping, dining and everyday conveniences are also close at hand, with easy access to Winter Springs, Oviedo, Winter Park and the greater Orlando area.
The yard is big, the floor plan flows and the possibilities are entirely yours.
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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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About Orange Grove Park
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$1,495 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017