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Wahneta 33880 Wahneta
118 7th Terrace Wahneta WAY
$125,000
● House - Off Market

118 7th Terrace Wahneta WAY

WINTER HAVEN, FL 33880
bedrooms
2 Beds
bathrooms
1 Bath
square feet
864 Ft²
$702
Est. Monthly
12.60%
Cap Rate

About This Property

The property you are inquiring about is located in Winter Haven, FL in the Wahneta area of Polk County. This is a solid investment featuring 2 bedrooms, 1 bathroom, and ready for you to handy dandy on over and make this your dream home. Cheaper than rent is the payment on this home! Call, text to see ASAP! **Realtors, please read MLS remarks.**
Unit Size
864 Ft²
Days on Market
10 days
Land Size
0.21 acres
Price per sqft
$145
Property Type
House
Property Taxes
$88
HOA Dues
-
Year Built
1961

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Stellar MLS #P4933162)

Price History

Date / Event Date Event Price
Jan 16, 2025 Sold
Premium
Sold
Jan 9, 2025 In contract -
In contract
Jan 6, 2025 Listed by BROKERS REALTY OF CENTRAL FLOR $125,000
Listed by BROKERS REALTY OF CENTRAL FLOR

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 225
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0
  • Location Influence Type: 172

    Dimensions

  • Lot Size Square Feet: 9,108
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 650
  • Total Building Area: 864
  • Gross Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 864
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WAHNETA FARMS
  • Land Acres: 0000000209
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: WAHNETA FARMS PB 1 PG 82A 82B LOT 185 E 65 FT OF W 601 FT OF S 140 FT

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 013802

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 689500
  • Parcel: 26-29-17-689500-018511
  • Lot: 185
  • Meridian: SEC 17 TWN 29S RNG 26E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 27.9551
  • Longitude: -81.729

    Address

  • Full Address: 118 7th Terrace Way
  • Address - House Number: 118
  • Address - Street Name: 7th Terrace
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Winter Haven
  • Zip Code: 33880

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $99,431
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 140,378
  • High Value: 165,722
  • Low Value: 115,033

    Market Valuation

  • Market Total Value: $80,465
  • Market Land Value: $11,384
  • Market Improvement Value: $69,081

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $80,465
  • Assessed Land Value: $11,384
  • Assessed Improvements Value: $69,081

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Wahneta

Stats & Trends

Median Asking:

$292,000

Sale Price/ft²

$156

Below Asking

0.03%

Average Days on Market

115

Average Home Size

1318 ft²

Average Home Age

36.5 years

Currently For Sale

4 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 640 N 8th Street, EAGLE LAKE, FL, 33839

$1,450 /mo

  • 3 Beds
  • 1 Bath
  • 952 ft²
640 N 8th Street, EAGLE LAKE, FL, 33839 Listing by Bryan Czajkowski

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Renee Butler
BROKERS REALTY OF CENTRAL FLOR
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# P4933162
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 118 7th Terrace Way built and last sold?
The property at 118 7th Terrace Way was built in 1961 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 118 7th Terrace Way is $126,250.
What are some comparable homes to 118 7th Terrace Way?
There are currently no comparable homes to 118 7th Terrace Way.
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