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Updated Condo with Community Amenities

4401 THORNBRIAR LANE 202 Orlando, FL 32822

4401 THORNBRIAR LANE 202, Orlando, FL, 32822
$110,900
For Sale
Claim this Listing
$110,900

One-bedroom condo with amenities near Orlando's attractions.

Property Size660 SF
Lot Size0.15 Acres
Price / SF$168.03
AddedSep 11, 2024
Days on Market674
Last RefreshJul 16 at 4:16 am

Property Features for 4401 THORNBRIAR LANE 202

General Information

Standard status
Active
Size
660 SF
Lot size
0.15 Acres
Property subtype
Condo/Townhome

Building Details

Year Built
1987

Listing office CENTURY 21 CARIOTI

Listing date Sep 11, 2024

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 CARIOTI


Investment Insights

Based on property information with market context.

This freshly painted one-bedroom, one-bathroom condo is located on the second floor and features a fireplace, screened porch, inside laundry with a full-size washer and dryer, vaulted ceilings, and a large walk-in closet in the bedroom. The Regency Gardens community offers access to amenities including two swimming pools (soon to be resurfaced), a tennis court, a playground, picnic and BBQ areas, a business center, a fitness center, and an elegant clubhouse. The Home Owners Association (HOA) covers water, sewer, exterior pest control, trash collection, and common area maintenance. The property is situated approximately 5 miles from Orlando International Airport, 15 minutes from Downtown Orlando, and 30 minutes from Universal Studios and Disney World. It is also located just minutes from public schools, grocery stores, shopping plazas, and dining. The floorplan is the Magnolia model on the community website. The property size is 660 square feet.

Key Highlights

  • Prime location: Minutes from schools, grocery stores, shopping, dining, Orlando International Airport, Downtown Orlando, Universal Studios, and Disney World.
  • Comprehensive HOA covers water, sewer, exterior pest control, trash collection, and common area maintenance.
  • Enjoy community amenities including 2 swimming pools, tennis court, playground, picnic/BBQ areas, business center, fitness center, and clubhouse.

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 $16.6k $25.20
− Vacancy −$1.2k −$1.76
EGI $15.5k $23.44
− OpEx −$7.0k −$10.55
NOI $8.5k $12.89
660 SF · lease $25.20/SF/yr · vacancy 7.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$121.5K
$106.3K – $141.8K (±1% cap)
NOI $8,507 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$198.4K
$173.6K – $231.4K (±1% cap)
NOI $13,886 @ 7.0% cap · market cap 12.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Regency Gardens Condos ... Property Management Company

Suggested Use

Dental Office Law Firm Real Estate Agency Kitchen & Bath Showroom Auto Parts Store Parking Lot & Garage Building Supply Garden Center Bakery Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential income property - One-bedroom condo with amenities near Orlando's attractions.
Where is this residential income property located?
The property is located at 4401 THORNBRIAR LANE 202 Orlando, FL.
What is the asking price?
The asking price for this property is $110,900.
What are key features of this property?
This property features: Prime location: Minutes from schools, grocery stores, shopping, dining, Orlando International Airport, Downtown Orlando, Universal Studios, and Disney World.; Comprehensive HOA covers water, sewer, exterior pest control, trash collection, and common area maintenance.; Enjoy community amenities including 2 swimming pools, tennis court, playground, picnic/BBQ areas, business center, fitness center, and clubhouse.
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