1928 CONWAY ROAD 31 Orlando, FL 32812
Charming 1-bedroom condo with upgrades and convenient location.
Property Features for 1928 CONWAY ROAD 31
General Information
- Standard status
- Active
- Size
- 825 SF
- Lot size
- 0.01 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1970
Listing office KELLER WILLIAMS WINTER PARK (407) 529-9424
Listing date Sep 7, 2024
Source Exitrealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime location near the 408, downtown Orlando, and the airport.
- Upgraded kitchen with granite countertops and stainless steel appliances.
- Large, fenced‑in outdoor patio.
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 | $20.8k | $25.20 |
| − Vacancy | −$1.4k | −$1.64 |
| EGI | $19.4k | $23.56 |
| − OpEx | −$8.7k | −$10.60 |
| NOI | $10.7k | $12.96 |