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

8911 York Dr Hudson, FL 34667

3 Beds 2 Baths 1,882 sqft Built 1994

$229,400

List Price

$1,440

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

November 28, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1994
  • Price/Sqft : $121.89
  • 2 Days on Market
  • MLS # : U8105919
  • Updated Date : 11/28/2020 at 13:11
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,882 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Gulfside Rlty

Listing Agent's Description

Beautiful Bright and Natural Light Open spacious home with a Split Floor Plan Layout, Move-in-ready. This home includes All appliances and Furniture and TV. Open Double Door Entryway to the living room dinette area combo with high cathedral/vaulted ceilings. 3 bedroom with 2 bathrooms and a 2 car garage, Large Eat-In Kitchen with Breakfast Bar overlooks the family room, great for entertaining plus a built in desk. Master Bathroom has 2 walk-in closets, Jacuzzi Tub, Separate Shower and His and Hers Dual Granite Vanity. The two additional bedrooms have closets and Ceiling Fans. Laundry room has Washer and Dryer as well as a Mop Sink. Large Backyard with Automated Sprinkler System, Multiple Fruit Trees and plenty of room to add a Pool. It also has a large Florida room almost 300 sq/ft for rainy days or just a quiet room to chill. Low HOA : $125 quarterly includes Pool and Tennis courts access, located near shopping, restaurants, schools, beaches and major highways. 45 minutes to Tampa airport. Florida living at its best! Depending on your lender, 30-45 day closing, unless cash.

SEE MORE

MARKET HIGHLIGHTS

  • #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: Barrington Woods

NeighborhoodNIR Market*CityMarket2010Year2000201960k80k100k120k140k160k180k200k220k240k260k280kPrice in $55k288k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Neighborhood: Barrington Woods

NeighborhoodNIR Market*CityMarket2010Year20002019 Q2800900100011001200130014001500Rent in $7391590

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Hudson Elementary School Primary Regular 604 45 1
Hudson Middle School Middle Regular 743 51 3
Fivay High School High Regular 1,320 81 4

Hudson Elementary School

  • Education Level: Primary
  • # of students: 604
  • # of teachers: 45
1
GreatSchools Rating

Hudson Middle School

  • Education Level: Middle
  • # of students: 743
  • # of teachers: 51
3
GreatSchools Rating

Fivay High School

  • Education Level: High
  • # of students: 1,320
  • # of teachers: 81
4
GreatSchools Rating
 

$206,460$252,340$229,400

PURCHASE PRICE

$1,296$1,584$1,440

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,440
EXPENSES Loan Payment -$846
Property Tax -$257
Property Insurance -$146
HOA -$42
Property Management Fees -$80
CASH FLOW
$69

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.

$229,400

PROJECTED PRICE

$1,440

PROJECTED RENT

0.63%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 3.87%
Appreciation Year (1-5) 9.1%
Maintenance Year (1-5) 8.00%
Vacancy 5.25%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$66,541

INVESTMENT

$66,541

Down Payment
$57,350
Rehab Estimate
$5,750
Closing Costs
$3,441

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$846

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $57,350
Loan Amount $172,050
See What Happens When You Reinvest Cash Flow

7.5

YEARS SAVED

$25,149

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $1,440

    LIST RENT
  • $0.77

    LIST RENT PER SQFT
  • $1,487

    COMP ESTIMATED VALUE
  • $0.79

    COMP AVG. RENT PER SQFT
Comps Range
$1,299
1$1,2992$1,3503$1,3754$1,4405$1,529
$1,529
RENT COMPS ANALYSIS
  • 8911 York Dr Hudson, FL 4
    • 3 beds 2 baths ∙ 1,882 Sqft ∙ Built 1994 3 beds 2 baths ∙ 1,882 Sqft ∙ Built 1994
    • Rent
    • Rent Per SQFT
    •  
    • $1,440
    • $0.77
    •  
  • 13021 Sirius Ln Hudson, FL 1
    • 3 beds 2 baths ∙ 1,724 Sqft ∙ Built 1978 3 beds 2 baths ∙ 1,724 Sqft ∙ Built 1978
    LEASED 02/28/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,299
    • $0.75
    •  
  • 13018 Serpentine Dr Hudson, FL 2
    • 3 beds 2 baths ∙ 1,771 Sqft ∙ Built 1979 3 beds 2 baths ∙ 1,771 Sqft ∙ Built 1979
    LEASED 03/27/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,350
    • $0.76
    •  
  • 13646 Morning Ct Hudson, FL 3
    • 3 beds 2 baths ∙ 1,786 Sqft ∙ Built 2000 3 beds 2 baths ∙ 1,786 Sqft ∙ Built 2000
    LEASED 12/31/19
    • Rent
    • Rent Per SQFT
    •  
    • $1,375
    • $0.77
    •  
  • 8906 Whistler Way Hudson, FL 5
    • 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 1991 3 beds 2 baths ∙ 1,735 Sqft ∙ Built 1991
    LEASED 06/29/20
    • Rent
    • Rent Per SQFT
    •  
    • $1,529
    • $0.88
    •  
PROPERTY LISTING DETAILS
Michael Frangedis
1.727.543.5055
Keller Williams Gulfside Rlty
Tobin Brinker
1.866.250.5610
RentVest Florida
CQ1057457
Stellar Multiple Listing Service ( MFRMLS)
MLS #: U8105919
Last Updated: 11/28/2020
BESbswy