Off-Market Property at 608 Hillcrest St, Orlando, FL, 32803

608 Hillcrest St, Orlando, FL, 32803

$455,000

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $252 per day and long-term for an average of $1,628 per month, based on similar listings in the area. Estimated short-term cap rate of 3.9%. Estimated long-term cap rate of -3.2%. A beautifully remodeled home exuding modern elegance, featuring a rare and inviting backyard oasis - a true gem in the downtown historic district of Lake Eola Heights. The Lot is zoned R-2. The home is minutes from Lake Eola, Thornton Park, Ivanhoe District, Colonialtown, Milk District, Mills, and major turnpikes! Two-bedroom, 2 1/2 Bath. Oversized one-car detached garage with AC, great for an office as well. The shed in the backyard is finished and insulated with AC. The floor plan is open and very spacious. The wood floor in the living area, kitchen, and one of the bedrooms is refinished. Waterproof flooring in the master bedroom and the master bath. Large master bath.Modern kitchen. The driveway is very long with plenty of parking space. New AC installed 2023. Schedule to see this beauty today.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4821
Bedrooms
2
Bathrooms
3
SQFT
1,084
Furnished
unknown
Year built
1930
Listing Status
Off Market
MLS
O6140222

Short-term Rental Potential
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$51,408

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$419

Price/SQFT

Long-term Rental Potential
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$19,536

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,628/mo

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