3701 CASTLE PINES LANE 3927 Orlando, FL 32839
Updated condo with amenities near Mall at Millenia and Universal.
Property Features for 3701 CASTLE PINES LANE 3927
General Information
- Standard status
- Active
- Size
- 1,062 SF
- Lot size
- 0.23 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2000
Listing office EXP REALTY LLC (407) 773-9991
Listing date Jan 23, 2025
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Renovated kitchen with brand‑new cabinets.
- Prime location minutes from Mall at Millennia, Universal Studios, and major highways.
- HOA covers water, sewer, trash, and exterior maintenance.
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 | $26.8k | $25.20 |
| − Vacancy | −$1.7k | −$1.64 |
| EGI | $25.0k | $23.56 |
| − OpEx | −$11.3k | −$10.60 |
| NOI | $13.8k | $12.96 |