951 COURTYARD LANE 22, Orlando, FL 32825
Well-maintained 2 bed, 2 bath condo near UCF and MCO.
- Added:
- Jan 31, 2025
- Days on Market:
- 513
- Last Refresh:
- May 20 at 1:33 am
Property Features for 951 COURTYARD LANE 22
General Information
- Standard status
- Active
- Size
- 1,111 SF
- Lot size
- 0.91 Acres
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1982
Listing office THE WILKINS WAY LLC (407) 375-9005
Listing date Jan 31, 2025
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 THE WILKINS WAY LLC
HighLights
- Prime location: Close to Valencia College, UCF, Lake Nona Medical City, Orlando International Airport, shopping, restaurants, and downtown Orlando.
- Move‑in ready 2 bedroom, 2 bathroom condo with 1,100+ sq ft of living space.
- Gated community with amenities: Enjoy the tennis court, large pool & hot tub, pond walkway, car wash, and clubhouse.
- Roof replaced in 2020.
- Relax on the private screened‑in balcony with custom roll shades.
- Well‑maintained unit with spacious primary bedroom and walk‑in closet; laundry room with extra storage.
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 | $23.6k | $21.24 |
| − Vacancy | −$1.6k | −$1.40 |
| EGI | $22.0k | $19.84 |
| − OpEx | −$9.9k | −$8.93 |
| NOI | $12.1k | $10.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Orlando
- County
- Brevard
- State
- Florida
- Longitude
- -81.2757699
- Latitude
- 28.5569505