Two-Unit
New
For Sale
$375,000
6410 CALYPSO DR, Orlando, FL 32809
Each residence has two bedrooms and one bathroom, and both are currently occupied.
Property Size1,400 SF
Days on Market6
Property Features for 6410 CALYPSO DR
General Information
Standard status
Active
Size
1,400 SF
Property subtype
Duplex
Occupancy
100%
Site & Location
Neighborhood
Lancaster
Highway Access
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$4,698
Building Details
Building Size
1,400 SF
Year Built
1958
Buildings
1
Tenancy
Multi
Listing Agency:
HOMEVEST REALTY
Listed By:
Brad Young · License #3233578
(407) 449-7526
Source:
Novaorlando
Added: Oct 27
Changed: Oct 31
Last Checked: Nov 1 at 1:58PM
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 HOMEVEST REALTY
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Investment Insights
Based on property information with market context.
Built in 1958, this duplex contains two separate residences, each arranged with two bedrooms and one bathroom. Both units are occupied. Improvements include updated electrical panels, replacement of both air-conditioning systems within the last four years, and re-plumbing in each residence.
The property is near The Florida Mall and Orlando International Airport, with shopping and dining destinations also in the surrounding area. Regional routes accessible from the property include the Beachline (528), Florida Turnpike, and I-4.
The property is near The Florida Mall and Orlando International Airport, with shopping and dining destinations also in the surrounding area. Regional routes accessible from the property include the Beachline (528), Florida Turnpike, and I-4.
Key Highlights
- Two occupied residences, each with 2 bedrooms and 1 bathroom
- Both air‑conditioning systems replaced within the last 4 years
- Electrical panels updated and both units re‑plumbed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,862
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,240
$397.2K
Cap Rate 7%
$283,743
$283.7K
Cap Rate 9%
$220,689
$220.7K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$30.2K $21.60/SF
− Vacancy
−$1.9K −$1.33/SF
EGI
$28.4K $20.27/SF
− OpEx
−$8.5K −$6.08/SF
NOI
$19.9K $14.19/SF
Area
Orlando, FL
Vacancy
6.17%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$397,240
Cap Rate 7%
$283,743
Cap Rate 9%
$220,689
Alternative Uses
Best Use
Multifamily LT 5
$283.7K
$248.3K – $331.0K
NOI $19,862 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$259.2K
$226.8K – $302.4K
NOI $18,143 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$451.0K
$394.6K – $526.2K
NOI $31,569 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
855
Businesses Nearby
Explore this area
Business Placement
Demographics for 32809, FL
29,478
Population
10,674
Households
2.8
Avg Household Size
36
Median Age
23%
College-Educated
79%
High-School Grad
10.4 sq mi
ZIP Area
2,834
Density / Sq Mi
$52,203
Median Household Income
$30,985
Median Earnings
$1,368
Median Rent
$281,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms and one bathroom, and both are currently occupied.
Where is this duplex located?
The property is located at 6410 CALYPSO DR Orlando, FL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two occupied residences, each with 2 bedrooms and 1 bathroom; Both air‑conditioning systems replaced within the last 4 years; Electrical panels updated and both units re‑plumbed
