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Lake 32736 Lakewood Ranches
24324 Deep Springs LOOP
$285,000
● Land - Off Market

24324 Deep Springs LOOP

EUSTIS, FL 32736
bedrooms
Studio
bathrooms
0 Bath
$319,495
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Wonderful 5 acre corner lot in Lakewood Ranches!   Bring your own builder with no timeframe to build and no builder tie-in.   Lakewood is one of the most sought after equestrian communities in the area.   Enjoy living in the country with easy access to Orlando and everything central Florida has to offer with easy access to the new 429!   Locally you will be sure to fall in love with downtown Mount Dora, Tavares and Eustis and all the festivals they have to offer.   Don't wait to jump on this one!   They have been selling fast in this community!
Unit Size
-
Days on Market
156 days
Land Size
5.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$156
HOA Dues
$70
Year Built
-

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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: 3 years ago (Stellar MLS #G5044803)

Price History

Date / Event Date Event Price
Jan 13, 2022 Sold
Premium
Sold
Jul 27, 2021 Listed by WATSON REALTY CORP $290,000
Listed by WATSON REALTY CORP
Feb 7, 2006 Sold
Premium
Sold
Nov 19, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 218,146
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: LAKEWOOD RANCHES
  • Land Acres: 0000005008
  • Standard Land Use Code: 8001
  • County Land Use Code: 0000
  • State Land Use Code: 00
  • Legal Description 1: LAKEWOOD RANCHES PB 53 PG 19-27 LOT 85 ORB 5876 PG 1800

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030108

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: BK 53 PG 19-27
  • Account Number: 3830821
  • Subdivision Tract Number: A-S
  • Parcel: 01-19-27-1200-000-08500
  • Lot: 85
  • Meridian: SEC 1 TWN 19S RNG 27E
  • Municipality: UNINCORPORATED
  • Latitude: 28.8619
  • Longitude: -81.5564

    Address

  • Full Address: 24324 Deep Springs Loop
  • Address - House Number: 24324
  • Address - Street Name: Deep Springs
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Eustis
  • Carrier Code: H005
  • 4-Digit Zip Code: 8398
  • Zip Code: 32736

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $320,877
  • Tax Rate Code Area: 2

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $250,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,000
  • Assessed Land Value: $250,000

    Sales

  • Current Sale Contract Date: Dec 27, 2021
  • Current Sale Recording Date: Jan 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6460
  • Previous Sale Recording Date: Feb 07, 2006
  • Previous Sale Contract Date: Jan 27, 2006
  • Previous Sale Amount: $255,900
  • Previous Sale Document Type: 71
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 Lakewood Ranches

Stats & Trends

Median Asking:

$1,200,000

Sale Price/ft²

$375

Above Asking

0.00%

Average Days on Market

21

Average Home Size

4300 ft²

Average Home Age

1.5 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

Rentals Near You

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STELLAR

Listed by: Linda Lake
WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# G5044803
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 24324 Deep Springs Loop built and last sold?
The property at 24324 Deep Springs Loop was built in and last sold on Dec 27, 2021 for $285,000.
How much is this home worth?
The estimated value of the home located at 24324 Deep Springs Loop is $292,900.
What are some comparable homes to 24324 Deep Springs Loop?
There are currently no comparable homes to 24324 Deep Springs Loop.
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