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Hillsborough 33547
2422 WELCOME ESTATES
$130,000
● Land - Off Market

2422 WELCOME ESTATES

LITHIA, FL 33547
bedrooms
Studio
bathrooms
0 Bath
$817
Est. Monthly

About This Property

BEAUTIFUL CLEARED 1.12 ACRE LOT IN NEWLY DIVIDED MINOR SUBDIVISION OF WELCOME ESTATES IN LITHIA. NO DEED RESTRICTIONS OR CDD. ZONE AS-1 WHICH ALLOWS CUSTOMIZED HOMES OR MANUFACTURED HOMES. NO FLOOD ZONE. LOT WILL REQUIRED WELL AND SEPTIC.
Unit Size
-
Days on Market
88 days
Land Size
1.12 acres
Price per sqft
-
Property Type
Land
Property Taxes
$80
HOA Dues
-
Year Built
1952

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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 #TB8335763)

Price History

Date / Event Date Event Price
Apr 4, 2025 Sold
Premium
Sold
Jan 6, 2025 Listed by SIGNATURE REALTY ASSOCIATES $150,000
Listed by SIGNATURE REALTY ASSOCIATES
Feb 26, 2020 Sold
Premium
Sold
Jan 19, 2020 No longer available -
No longer available
Dec 9, 2019 Price Increased $145,900
↑ $6K (4.3%)
Price Increased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 17
  • Building Style: 28
  • Exterior Walls Type: 1
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 146,888
  • Total Building Area: 1,094
  • Gross Building Area: 1,284
  • Building Area: 1,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 12
  • Heating: 4
  • Heated Square Feet: 1,094
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: C
  • Subdivision: UNPLATTED
  • Land Acres: 0000003372
  • Standard Land Use Code: 0010
  • County Land Use Code: NN
  • State Land Use Code: 001
  • Legal Description 1: SE 1/4 OF SE 1/4 OF SW 1/4 LESS N 175 FT AND LESS E 180 FT AND LESS W 180 FT AND LESS R/W NOW WELCOME ESTATES PB 141 PG 231 2022 SEE 093921-5670 PIN U-27-30-22-C7D-000000-00000.0

Neighborhood

  • School District Name: Hillsborough County School District
  • Census Tract: 013903

Zoning

  • Zoning: AR

Geography

  • Assessors Map Reference: 31
  • Subdivision Tract Number: ZZZ
  • Parcel: 093905-0000
  • Block: 5
  • Lot: 25420
  • Meridian: SEC 27 TWN 30S RNG 22E
  • Municipality: UNICORPORATED
  • Latitude: 27.837
  • Longitude: -82.097

    Address

  • Full Address: 2422 Welcome Rd
  • Address - House Number: 2422
  • Address - Street Name: Welcome
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Lithia
  • Carrier Code: R004
  • 4-Digit Zip Code: 2653
  • Zip Code: 33547

Valuation

    Tax

  • Total Area: 1,122
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: U

    Market Valuation

  • Market Total Value: $84,895
  • Market Land Value: $84,895

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Feb 10, 2020
  • Current Sale Recording Date: Feb 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020068182
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 Hillsborough

Stats & Trends

Median Asking:

$399,900

Sale Price/ft²

$230

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2062 ft²

Average Home Age

31.4 years

Currently For Sale

9291 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

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STELLAR

Listed by: Maria Sanchez
SIGNATURE REALTY ASSOCIATES
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# TB8335763
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 2422 Welcome Road built and last sold?
The property at 2422 Welcome Road was built in 1952 and last sold on Feb 10, 2020 for $120,000.
How much is this home worth?
The estimated value of the home located at 2422 Welcome Road is $151,500.
What are some comparable homes to 2422 Welcome Road?
There are currently no comparable homes to 2422 Welcome Road.
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