928 ALECON DRIVE
About This Property
The home is ideally positioned approximately 1 mile from FL-408 (East-West Expressway), making commuting across Orlando quick and convenient. Residents are only about 5 miles from Downtown Orlando, where you can enjoy vibrant nightlife, dining, and events around Lake Eola Park, the centerpiece of the city's downtown district.
For entertainment and tourism, the property is roughly 6.5 miles from Universal Orlando Resort, offering world-class theme parks, shopping, and dining options. The famous tourist corridor along International Drive is about 9 miles away, featuring attractions, restaurants, and entertainment venues including ICON Park.
Sports and event fans will appreciate being approximately 4 miles from Camping World Stadium, home to major sporting events, concerts, and festivals. Daily conveniences are close by along Silver Star Rd and Pine Hills Rd, where residents will find grocery stores, restaurants, schools, and neighborhood services within a short drive.
With its central location, easy highway access, and proximity to Orlando's top destinations, this property offers a great opportunity for those seeking affordability and connectivity in the heart of Central Florida.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 27, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 7, 2026 | Listed by FN REALTY GROUP LLC | $245,000 | |
| Listed by FN REALTY GROUP LLC | |||
| Nov 1, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | Listed by FN REALTY GROUP LLC | $200,000 | |
| Listed by FN REALTY GROUP LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017