$325,000
●
Land -
Off Market
322 Savta POINT
SANFORD, FL 32771
Studio
0 Bath
$2,125
Est. Monthly
$150
HOA / Fees
2.38%
Cap Rate
About This Property
Matera – Luxury living in Seminole County. Build your dream home in
a pristine gated community focused on luxury-living in peace and
harmony. This small, private, community in Seminole County now has
new owners. New custom homes are built exclusively by award-winning
home builder Tolaris Homes. Only (5) one-acre home sites are
remaining. Homes only start at $1.1 Million with a minimum of 3,400
sq. ft. living required. Respectful and private housing of a boat,
RV, and/or bus is permitted. Matera is in close proximity to
numerous hospitals in Lake, Volusia, Seminole and Orange County
with easy access to the brand new Orlando Loop (SR 417/529), Disney
World as well as THREE airports: Sanford Orlando International
(SFB), Orlando International (MCO), and Daytona Beach International
Airport (DAB). Matera is also a short drive to Historic Downtown
Sanford and Deland, both of which are filled with dining, shopping,
history, lakes, and scenic walks. This gated community is zoned for
Seminole County schools which currently rank 4th out of 68 Florida
school districts and number 1 in the greater Orlando MSA. Please
call for more details. *Home construction must begin within 6
months of the home site closing.Buyer to pay $1,000 HOA Transfer
fee at closing of the lot.
Unit Size
-
Days on Market
36 days
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$256
HOA Dues
$150
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 #O6158511)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 4, 2024 | Sold | ||
| Sold | |||
| Nov 29, 2023 | Listed by TOLARIS REALTY GROUP LLC | $350,000 | |
| Listed by TOLARIS REALTY GROUP LLC | |||
| Jan 7, 2022 | No longer available | - | |
| No longer available | |||
| Sep 3, 2021 | Listed by FLORIDA HOME TEAM REALTY | $340,000 | |
| Listed by FLORIDA HOME TEAM REALTY | |||
| | |||
|
Lot 3. Lot # 2 Fully Finished One-Acre Build-able Home site, Located in Seminole County’s Newest Privately Gated Custom Home Enclave…SAVTA RESERVE! Situated in a Premier West Sanford Location in the highly desired “Markham Woods Corridor”, With Multiple Upscale Custom Home Communities Nearby. Conveniently Located Just Moments from Direct Access to Interstate 4, The 417 and 429 Expressway, Lake Mary/Heathrow Shopping and Fine Dining, the Seminole Towne Center Shopping District, A-Rated Seminole County Schools, the Recently Built Heathrow Central Florida Regional Hospital, As Well Just 30 Mins to Sunny Florida Beaches and Downtown Orlando. Savta Reserve Is Zoned Equestrian and Allows Horses as Well As Adult Toys Such As Boats, RVs, Campers and More! Very Rare and One of The Last Remaining True Opportunities to Acquire 1+ Acre Build-able Home sites, In A Private, Gated Community, In All of Seminole County! Savta Reserve Offers Natural Gas, Potable Seminole County Water as Well as Direct Access Connections to Irrigation Wells. Builders/Investors – Possible Joint Venture / Act Now! Or Bring Your Own Approved Builder and Build The Estate of Your Dreams. See the following MLS Ids: Lot 1 - O5970788, Lot 2-O5970796 , Lot 4 - O5970817, Lot 5 - O5970822 Bulk purchase of all 5 lots may be considered
| |||
| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
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About Seminole
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Listed by: Rick Bavec
TOLARIS REALTY GROUP LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6158511
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.
TOLARIS REALTY GROUP LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6158511
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017