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Azalea Park 32807 Azalea Park
9 Areca DRIVE
$370,000
● House - Off Market

9 Areca DRIVE

ORLANDO, FL 32807
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,717 Ft²
$1,913
Est. Monthly
9.26%
Cap Rate

About This Property

WEll maintain home in lot of square footage for the price, fence back yard
Unit Size
1,717 Ft²
Days on Market
36 days
Land Size
0.21 acres
Price per sqft
$215
Property Type
House
Property Taxes
$96
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #O6195180)

Price History

Date / Event Date Event Price
May 16, 2024 Sold
Premium
Sold
Apr 19, 2024 In contract -
In contract
Apr 10, 2024 Listed by COLDWELL BANKER REALTY $369,900
Listed by COLDWELL BANKER REALTY
Jan 5, 2011 Sold
Premium
Sold
Jun 26, 2007 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 13
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 6
  • Roof Shape Type: 14
  • Roof Cover Type: 2
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 55
  • Porch Type: 35
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,257
  • Total Building Area: 1,847
  • Gross Building Area: 1,847
  • Building Area: 1,611
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,611
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AZALEA PARK SEC 7
  • Land Acres: 0000000213
  • Standard Land Use Code: 1001
  • County Land Use Code: 0104
  • State Land Use Code: 001
  • Legal Description 1: AZALEA PARK SECTION SEVEN T/48 LOT 4 BLK C

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0335
  • Census Tract: 013201

Zoning

  • Zoning: R-1A

Geography

  • Assessors Map Reference: 233A
  • Subdivision Tract Number: 390
  • Parcel: 27-22-30-0390-03-040
  • Block: C
  • Lot: 4
  • Meridian: SEC 27 TWN 22S RNG 30E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5465
  • Longitude: -81.3008

    Address

  • Full Address: 9 Areca Dr
  • Address - House Number: 9
  • Address - Street Name: Areca
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Orlando
  • Carrier Code: C048
  • 4-Digit Zip Code: 5031
  • Zip Code: 32807

Valuation

    Tax

  • Total Area: 1,655
  • Tax Year: 2023
  • Tax Amount: $115,751
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.0797
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 94
  • Final Value: 354,460
  • High Value: 382,711
  • Low Value: 326,209

    Market Valuation

  • Market Total Value: $230,212
  • Market Land Value: $100,000
  • Market Improvement Value: $130,212

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $95,737

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2010
  • Current Sale Recording Date: Jan 05, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20110005592
  • Previous Sale Recording Date: Jun 26, 2007
  • Previous Sale Contract Date: May 30, 2007
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Azalea Park

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$262

Above Asking

2.39%

Average Days on Market

73

Average Home Size

1369 ft²

Average Home Age

44.6 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1050 Herman Avenue, ORLANDO, FL, 32803

$3,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,288 ft²
1050 Herman Avenue, ORLANDO, FL, 32803 Listing by Valentina Vakhova

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Pedro Hernandez
COLDWELL BANKER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6195180
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 9 Areca Drive built and last sold?
The property at 9 Areca Drive was built in 1954 and last sold on Nov 16, 2010 for $84,000.
How much is this home worth?
The estimated value of the home located at 9 Areca Drive is $0.
What are some comparable homes to 9 Areca Drive?
There are currently no comparable homes to 9 Areca Drive.
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