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921 NAPLES DRIVE
About This Property
Welcome to 921 Naples Drive, a charming single-story home offering 2 bedrooms and 2 bathrooms in Orlando's established Sunshine Gardens neighborhood. This inviting home features beautiful hardwood flooring, a comfortable living area, and a separate dining space with built-in shelving and decorative columns, adding character and charm. The kitchen offers white cabinetry, a subway tile backsplash, generous counter space, and a convenient layout for everyday cooking.
Step outside to enjoy a spacious, fully fenced backyard with an open deck, perfect for relaxing, outdoor dining, and entertaining. The property also features a screened front porch and an outdoor storage shed for added convenience.
Located in the Fairview Shores area, this home offers convenient access to College Park's popular Edgewater Drive, known for its local restaurants, boutique shops, and neighborhood charm. Nearby destinations include Winter Park, Downtown Orlando, and major roadways such as I-4, providing easy access to shopping, dining, parks, and entertainment. With its classic character, inviting outdoor spaces, and convenient location, this home offers a wonderful opportunity to enjoy Central Florida living.
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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%.
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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