Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Single Family
- Built In 1992
- Price/Sqft : $162.44
- 4 Days on Market
- MLS # : T3282778
- Updated Date : 01/01/2021 at 01:00
CONSTRUCTION
- Beds : 4
- Floor Size : 2,524 sqft
- Baths : 3 full
Listing Agent
Fireside Real Estate
Listing Agent's Description
A rare find - golf course views and a pool home in the beautiful no HOA neighborhood of The Greens in Bloomingdale East. This home is nestled under soaring oak trees and has a spacious floor plan boasting 4 beds and 3 baths with over 2500 sqft of living space and an oversized 3-car garage. The features are endless - solid wood floors & tile throughout, the kitchen overlooks the great room which has a fireplace. The kitchen has wood cabinets, plant shelving, granite counter tops, & all stainless-steel gas appliances - and a separate breakfast nook! You also get a dedicated dining room space with an additional living space. That view - the heart of the home opens via all three full pocket sliding doors to the saltwater pool, jacuzzi, and your view of the 14th Green - 15th Tee of Bloomingdale Golf Course. Full screen enclosure. You also get a generous amount of deck space surrounding the pool - an entertainer's dream! Split floor plan - the master bedroom and 4th bedroom(currently being used as an office/ den) are on one side . His & her closets, dual sinks, a garden tub & separate shower. On the opposite side of the home, you will find 2 additional bedrooms - one has a private bathroom that is also accessible via a private pathway to the pool area. This neighborhood will fit any lifestyle - great schools, parks, Campo Family YMCA, and miles of sidewalks to jog, bike, and walk.
SEE MORE
- #8 in America's Fastest Growing Cities (Forbes, 2018)
- Tampa metro employment growth is at 2.6% and predicted to grow at 2.1% in 2019 (USMayors.org, 2018)
- One of the best cost-friendly American cities to do business (KPMG)
- Tampa metro contributes to 15.4% of Florida state economy i.e. Gross State Product (USMayors.org, 2018)
- #2 in Homebuilding Prospects #10 in Overall Real Estate Prospects (Emerging Trends in Real Estate 2019, PWC)
- 2nd Best City for Young Entrepreneurs (Forbes)
- Florida state ranks 4th most favorable in the country in State Business Tax Climate Index (Tax Foundation, 2019). Tampa inherits the rank being part of Florida.
- Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)
- Headquarters to several Fortune 1000 companies: Publix Super Markets, Tech Data, Jabil Circuit, WellCare Health Plans, Raymond James Financial, Bloomin’ Brands, HSN, and TECO Energy (Fortune, 2018)
PRICE & RENT TRENDS
Neighborhood: Bloomingdale Ridge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Bloomingdale Ridge
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,460 |
| EXPENSES | Loan Payment | -$1,513 |
| Property Tax | -$540 | |
| Property Insurance | -$183 | |
| HOA | -$17 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
$77
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.
$409,990
PROJECTED PRICE
$2,460
PROJECTED RENT
0.60%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 6.6% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.26% |
| Length of Stay Years | 2 |
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$114,397
LOAN DETAILS
$1,513
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $102,498 |
| Loan Amount | $307,493 |
7.5
YEARS SAVED
$45,183
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,460
LIST RENT -
$0.97
LIST RENT PER SQFT
-
$2,436
COMP ESTIMATED VALUE -
$0.97
COMP AVG. RENT PER SQFT
Comps Range
-
2318 Eagle Bluff Dr Valrico, FL 3
- 4 beds 3 baths ∙ 2,524 Sqft ∙ Built 1992 4 beds 3 baths ∙ 2,524 Sqft ∙ Built 1992
- Rent
- Rent Per SQFT
- $2,460
- $0.97
-
4514 Swift Cir Valrico, FL 1
- 4 beds 2 baths ∙ 2,184 Sqft ∙ Built 1996 4 beds 2 baths ∙ 2,184 Sqft ∙ Built 1996
LEASED 08/06/19- Rent
- Rent Per SQFT
- $1,995
- $0.91
-
1511 Holleman Dr Valrico, FL 2
- 4 beds 2 baths ∙ 2,412 Sqft ∙ Built 1987 4 beds 2 baths ∙ 2,412 Sqft ∙ Built 1987
LEASED 06/01/20- Rent
- Rent Per SQFT
- $2,300
- $0.95
-
2257 Eagle Bluff Dr Valrico, FL 4
- 4 beds 3 baths ∙ 2,440 Sqft ∙ Built 1994 4 beds 3 baths ∙ 2,440 Sqft ∙ Built 1994
LEASED 08/22/20- Rent
- Rent Per SQFT
- $2,495
- $1.02
-
1525 Crooked Stick Dr Valrico, FL 5
- 4 beds 3 baths ∙ 2,650 Sqft ∙ Built 2000 4 beds 3 baths ∙ 2,650 Sqft ∙ Built 2000
LEASED 02/13/20- Rent
- Rent Per SQFT
- $2,600
- $0.98
PROPERTY LISTING DETAILS
1.813.545.5230
Fireside Real Estate
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3282778
Last Updated: 01/01/2021
