1614 SHADY RIDGE COURT 252 Orlando, FL 32807
Two-bedroom condo with fenced patio in gated community.
Property Features for 1614 SHADY RIDGE COURT 252
General Information
- Standard status
- Active
- Size
- 1,104 SF
- Lot size
- 1.34 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1986
Listing office REALTY RESOURCE OF CENTRAL FL. (407) 835-9199
Listing date Sep 9, 2024
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of REALTY RESOURCE OF CENTRAL FL.
Investment Insights
Based on property information with market context.
Key Highlights
- Gated community with two resort‑style swimming pools and hot tub.
- Low HOA dues include lawn care, exterior pest control, building maintenance, and building insurance.
- Move‑in ready 2 bedroom, 2.5 bath condo.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $27.8k | $25.20 |
| − Vacancy | −$1.8k | −$1.64 |
| EGI | $26.0k | $23.56 |
| − OpEx | −$11.7k | −$10.60 |
| NOI | $14.3k | $12.96 |
