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PROPERTY INFO
FACTS
- Single Family
- Built In 1986
- Price/Sqft : $200.27
- 2 Days on Market
- MLS # : U8115469
- Updated Date : 03/07/2021 at 01:00
CONSTRUCTION
- Beds : 4
- Floor Size : 2,192 sqft
- Baths : 2 full , 1 half
Listing Agent
Hendry Realty
Listing Agent's Description
JUST LISTED! Coveted Village of Woodland Hills neighborhood in great Palm Harbor area! Beautiful 4 BR 2.5 bath family home with nearly 2,200 heated square feet. Curb appeal abounds with lovely exterior architectural detail, pretty landscaping, and shady oak trees. Enter into the spacious foyer flanked by the large dining room and the inviting living room complete with wood burning brick fireplace ready for family gatherings, vaulted ceiling and hand scraped wood floors. Just ahead is the family room, again with beautiful wood floors, soaring ceiling with skylights and french doors leading to relaxing screened patio. Delightful bright kitchen with updated cabinets, granite counters, brand new top of the line refrigerator and cheery breakfast nook. Large inside laundry room leads to 2 car garage. First floor primary bedroom features a large spa like ensuite with hydro massage tub, spacious shower and natural light from the vaulted ceiling skylights. Additional 3 bedrooms and loft study nook on 2nd level. Roof was replaced in 2018, 2 central heat and air systems nearly new (2019). New carpeting in bedroom areas as well as refreshed landscaping. Wonderful neighborhood with a community pool, tennis courts and playground. Convenient north county location allowing easy access to the beaches, Lake Tarpon, TIA, and the quaint downtown areas of Palm Harbor, Dunedin and Safety Harbor. Call today to arrange your personal viewing!
SEE MORE
- 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)
- #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)
PRICE & RENT TRENDS
Neighborhood: Village of Woodland Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Village of Woodland Hills
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $2,270 |
| EXPENSES | Loan Payment | -$1,525 |
| Property Tax | -$553 | |
| Property Insurance | -$164 | |
| HOA | -$40 | |
| Property Management Fees | -$129 | |
|
CASH FLOW
-$141
|
||
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.
$439,000
PROJECTED PRICE
$2,270
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 3.3% |
| 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
$122,085
LOAN DETAILS
$1,525
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $109,750 |
| Loan Amount | $329,250 |
4.5
YEARS SAVED
$19,590
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$2,270
LIST RENT -
$1.04
LIST RENT PER SQFT
-
$2,258
COMP ESTIMATED VALUE -
$1.03
COMP AVG. RENT PER SQFT
Comps Range
-
3469 Rolling Trl Palm Harbor, FL 4
- 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 1986 4 beds 3 baths ∙ 2,192 Sqft ∙ Built 1986
- Rent
- Rent Per SQFT
- $2,270
- $1.04
-
3936 Tarpon Pointe Cir Palm Harbor, FL 1
- 3 beds 2 baths ∙ 2,028 Sqft ∙ Built 1988 3 beds 2 baths ∙ 2,028 Sqft ∙ Built 1988
LEASED 01/06/21- Rent
- Rent Per SQFT
- $1,750
- $0.86
-
1719 Arabian Ln Palm Harbor, FL 2
- 3 beds 3 baths ∙ 1,870 Sqft ∙ Built 1993 3 beds 3 baths ∙ 1,870 Sqft ∙ Built 1993
LEASED 07/15/20- Rent
- Rent Per SQFT
- $2,000
- $1.07
-
4750 Orange Grove Way Palm Harbor, FL 3
- 3 beds 3 baths ∙ 1,854 Sqft ∙ Built 1985 3 beds 3 baths ∙ 1,854 Sqft ∙ Built 1985
LEASED 12/15/19- Rent
- Rent Per SQFT
- $2,050
- $1.11
-
4100 Boyd Ln Palm Harbor, FL 5
- 3 beds 2 baths ∙ 2,403 Sqft ∙ Built 1994 3 beds 2 baths ∙ 2,403 Sqft ∙ Built 1994
LEASED 07/16/20- Rent
- Rent Per SQFT
- $2,600
- $1.08
PROPERTY LISTING DETAILS
1.727.384.1001
Hendry Realty
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: U8115469
Last Updated: 03/07/2021
