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Alafaya 32828 Waterford Lakes North
932 Spring Island WAY
$632,000
● House - Off Market

932 Spring Island WAY

ORLANDO, FL 32828
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,663 Ft²
$607,459
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Spacious 5 bedroom pool home on oversized corner lot overlooking a private conservation area. Huge first floor master provides luxury and convenience, while the upstairs bedrooms combine comfort and elbow room for all. There is a Jack and Jill bath on the upper level. On the main floor, the roomy kitchen, with beautiful wood cabinets galore, double ovens, stainless steel appliances and more than ample counter space, is a chef's dream. It all opens to a breakfast room and family room designed to be an oasis for entertaining. If preferred, you can quietly sip your coffee or cocktail by the pool and enjoy nature's splendid offerings. There is a spacious 3-car garage with built-in workspace and plenty of driveway to accommodate a family on the go.
Unit Size
3,663 Ft²
Days on Market
28 days
Land Size
0.28 acres
Price per sqft
$161
Property Type
House
Property Taxes
$342
HOA Dues
$68
Year Built
1998

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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 #O6001653)

Price History

Date / Event Date Event Price
Mar 9, 2022 Sold
Premium
Sold
Feb 7, 2022 Listed by COLDWELL BANKER REALTY $589,900
Listed by COLDWELL BANKER REALTY
Dec 29, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 12,007
  • Total Building Area: 4,660
  • Gross Building Area: 4,660
  • Building Area: 3,425
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,425
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERFORD LAKES TR N 25 A PH 3
  • Land Acres: 0000000276
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: WATERFORD LAKES TRACT N 25A PHASE 3 37/8 4 LOT 113

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 0336 3255
  • Census Tract: 016743

Zoning

  • Zoning: P-D

Geography

  • Assessors Map Reference: 267B
  • Subdivision Phase Number: 3
  • Subdivision Tract Number: N
  • Parcel: 26-22-31-8992-01-130
  • Block: 1
  • Lot: 113
  • Meridian: SEC 26 TWN 22S RNG 31E
  • Municipality: UN-INCORPORATED
  • Latitude: 28.5501
  • Longitude: -81.1811

    Address

  • Full Address: 932 Spring Island Way
  • Address - House Number: 932
  • Address - Street Name: Spring Island
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Orlando
  • Carrier Code: C085
  • 4-Digit Zip Code: 8138
  • Zip Code: 32828

Valuation

    Tax

  • Total Area: 3,839
  • Tax Year: 2023
  • Tax Amount: $782,287
  • Tax Rate Code Area: 11-ORG

    Appraisal Valuation

  • Standard Deviation: 0.1648
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 79
  • Final Value: 717,094
  • High Value: 835,305
  • Low Value: 598,883

    Market Valuation

  • Market Total Value: $566,196
  • Market Land Value: $65,000
  • Market Improvement Value: $501,196

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $516,407

    Sales

  • Current Sale Contract Date: Mar 01, 2022
  • Current Sale Recording Date: Mar 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 157661
  • Previous Sale Recording Date: Dec 29, 1998
  • Previous Sale Amount: $261,800
  • 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 Waterford Lakes North

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

58

Average Home Size

2246 ft²

Average Home Age

29.7 years

Currently For Sale

14 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 1244 Ocklawaha Drive, ORLANDO, FL, 32828

$3,600 /mo

  • 6 Beds
  • 3 Baths
  • 3,519 ft²
1244 Ocklawaha Drive, ORLANDO, FL, 32828 Listing by Mona Rodriguez

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Diane Harris
COLDWELL BANKER REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6001653
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 932 Spring Island Way built and last sold?
The property at 932 Spring Island Way was built in 1998 and last sold on Mar 1, 2022 for $632,000.
How much is this home worth?
The estimated value of the home located at 932 Spring Island Way is $0.
What are some comparable homes to 932 Spring Island Way?
There are currently no comparable homes to 932 Spring Island Way.
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