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9541 MONTELLO DRIVE
About This Property
The thoughtfully designed floor plan features three spacious bedrooms, each with its own walk-in closet, along with two updated bathrooms showcasing modern finishes. Whether you're relaxing at home or entertaining guests, you'll appreciate the functional layout and comfortable living spaces.
Step outside to the large screened porch, the perfect place to enjoy Florida's beautiful weather year-round. Beyond the porch, the expansive fenced backyard offers plenty of room to spread out and enjoy. Garden enthusiasts will love the raised vegetable beds, while the storage shed provides convenient space for tools, equipment, and outdoor essentials.
Additional highlights include an extended driveway with ample room for extra vehicles, guests, a boat, or recreational toys. Best of all, there's **NO HOA**, giving you the freedom and flexibility to enjoy your property without additional restrictions or fees.
Conveniently located within 10 minutes of UCF, downtown Orlando, & Winter Park, this East Orlando gem combines everyday convenience with the space and features you've been searching for. Move-in ready and full of character, this is a home you'll be proud to call your own.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017