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916 ORLEANS DRIVE
About This Property
The kitchen is designed with both style and convenience in mind, featuring modern cabinetry, generous counter space, and a breakfast bar that flows seamlessly into the dining area. The spacious suite is thoughtfully separated from the secondary bedrooms and includes a walk-in closet and private en-suite bath, creating a relaxing retreat at the end of the day.
Step outside to enjoy your morning coffee or evening unwind in the screened lanai overlooking the large backyard, with plenty of space for outdoor gatherings, play, or even a future pool. Conveniently located near schools, parks, shopping, and dining, this home offers peaceful neighborhood living with easy access to everyday essentials. Whether you're purchasing your first home or searching for the perfect place to downsize, this Central Florida gem is one you won't want to miss.
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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