8922 UNIVERSITY BOULEVARD
About This Property
The home has nearly 7,000 sq ft of living space with 5 bedrooms and 4.5 bathrooms. Lake views and natural light run throughout, and large gathering areas open to the outdoor living spaces.
For the car collector, the high-end 6-car garage holds up to 12 vehicles with professional lifts. It is a rare showcase space for a serious collection.
A large solar system is designed to keep annual electric costs near zero. 12 Tesla Powerwall batteries let the home run off-grid during a power outage and power the entire house.
The attached private guest wing has its own full kitchen, living room, bedroom, full bathroom, and loft. It works as a second residence for extended stays, guests, or a home office.
The TrackMan golf simulator plays world-famous courses and doubles as a private theater for movies, sports, and gaming. Outside are a resort-style pool and spa, large outdoor living areas, direct lake access, and a one-of-a-kind custom pirate ship playground designed by Vanilla Ice.
The estate also offers easy access to Downtown Orlando, Lake Nona, UCF, Orlando International Airport, and major highways.
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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