4803 TERRASONESTA DRIVE, Davenport, FL 33837
Updated 4-bedroom, 3.5-bath townhome in Solterra Resort, near Disney.
- Added:
- Nov 15, 2024
- Days on Market:
- 560
- Last Refresh:
- May 20 at 1:31 am
Property Features for 4803 TERRASONESTA DRIVE
General Information
- Standard status
- Active
- Size
- 2,106 SF
- Lot size
- 0.06 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 2015
Listing agent Lee Friedman License #3501903 (407) 219-6172
Listing office LUV REALTY LLC (407) 219-6172
Listing date Nov 15, 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 LUV REALTY LLC
HighLights
- Located in Solterra Resort: Enjoy world‑class amenities including a lazy river, resort‑style pool, and clubhouse with a fitness center.
- 4‑Bedroom, 3.5‑Bath Townhome: A spacious layout suitable for families or rental guests.
- Private Screened‑In Pool and Covered Patio: Ideal for relaxation and outdoor entertaining.
- Updated Interior: Features tiled flooring on the main floor and brand‑new laminate wood floors on the second level.
- Rental Income Potential: With proven rental history and move‑in/rent‑ready condition.
- HOA Amenities: Includes landscaping, internet, cable, and valet trash service for hassle‑free living.
Overview
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 | $38.7k | $18.36 |
| − Vacancy | −$2.4k | −$1.14 |
| EGI | $36.3k | $17.22 |
| − OpEx | −$16.3k | −$7.75 |
| NOI | $19.9k | $9.47 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Davenport
- County
- Polk
- State
- Florida
- Longitude
- -81.6689
- Latitude
- 28.2418