Updated Duplex with
For Sale
$550,000
6602 Pot O Gold Ln, Orlando, FL 32809
Two leased units offer private screened porches, individual garages, and shared outdoor space.
Property Size2,056 SF
Price / SF$267.51
Days on Market179
Property Features for 6602 Pot O Gold Ln
General Information
Standard status
Active
Size
2,056 SF
Total Parking Spaces
2
Property subtype
Residential Income
Occupancy
100%
Financials
Gross Income
$43,200
Average Monthly Rent
$1,800
Units
Unit Mix
2 x 2BR/2BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$7,276
Amenities
screened porch
shared yard
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
creegan group
(407) 622-1111
Listed By:
Timothy W Boon, PLLC · License #3277151
(407) 622-1111
Source:
Exprealty
Added: Mar 4
Changed: Aug 30
Last Checked: Aug 30 at 3:43PM
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 creegan group
Investment Insights
Based on property information with market context.
Located at 6602 Pot O Gold Ln in Orlando, this full duplex contains 2,056 square feet across two residential units. Each side provides two bedrooms, two bathrooms, just over 1,000 heated square feet, a screened porch, and a one-car garage. The units share a large yard, while kitchen and bathroom improvements have been completed during the current ownership period.
Both residences are leased, with lease terms extending through August and October 2026. The property also offers access to major highways, shopping, and local amenities. Showings are available by appointment only, with tenant notice required.
Both residences are leased, with lease terms extending through August and October 2026. The property also offers access to major highways, shopping, and local amenities. Showings are available by appointment only, with tenant notice required.
Key Highlights
- Full duplex with 2,056 SF of total property size
- Each unit includes 2 bedrooms, 2 bathrooms, and just over 1,000 heated square feet
- Two screened porches and two one‑car garages
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,169
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$583,380
$583.4K
Cap Rate 7%
$416,700
$416.7K
Cap Rate 9%
$324,100
$324.1K
Market Conditions
NOI Build-Up for 2,056 SF
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.
Gross rent
$44.4K $21.60/SF
− Vacancy
−$2.7K −$1.33/SF
EGI
$41.7K $20.27/SF
− OpEx
−$12.5K −$6.08/SF
NOI
$29.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$583,380
Cap Rate 7%
$416,700
Cap Rate 9%
$324,100
Alternative Uses
Best Use
Multifamily LT 5
$416.7K
$364.6K – $486.2K
NOI $29,169 @ 7.0% cap · market cap 5.30%
Second Best
Apartment 5plus
$380.6K
$333.1K – $444.1K
NOI $26,644 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$662.3K
$579.5K – $772.7K
NOI $46,362 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
670
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two leased units offer private screened porches, individual garages, and shared outdoor space.
Where is this duplex located?
The property is located at 6602 Pot O Gold Ln Orlando, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Full duplex with 2,056 SF of total property size; Each unit includes 2 bedrooms, 2 bathrooms, and just over 1,000 heated square feet; Two screened porches and two one‑car garages
