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Orlando 32805 Lake Mann Estates
3244 Wolcott PLACE
$260,000
● House - Off Market

3244 Wolcott PLACE

ORLANDO, FL 32805
bedrooms
3 Beds
bathrooms
1 Bath
square feet
936 Ft²
$1,287
Est. Monthly
14.87%
Cap Rate

About This Property

This beautiful property has is MOVE IN READY with a New Roof, New AC, completely renovated with a LARGE Kitchen, SPACIOUS Laundry Room located outside, an OVERSIZED LOT with a Large Backyard for Family Gatherings & Entertainment, Community LAKE & BOAT RAMP ACCESS, Community Basketball Court with a Playground, NO HOA FEE & WILL MAKE A GREAT AIRBNB!! Just minutes away from Downtown Orlando, Camping World Stadium, Millenia Mall Shopping Areas & Quick Access to I-4. A Charming Home that's MOVE IN READY just for you...and ACCEPTING ALL OFFERS!!!
Unit Size
936 Ft²
Days on Market
187 days
Land Size
0.18 acres
Price per sqft
$278
Property Type
House
Property Taxes
$9
HOA Dues
-
Year Built
1962

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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 #O6195526)

Price History

Date / Event Date Event Price
Oct 15, 2024 Sold
Premium
Sold
Aug 20, 2024 In contract -
In contract
Aug 13, 2024 Price Decreased $260,000
↓ $15K (5.5%)
Price Decreased
Jun 7, 2024 Price Decreased $275,000
↓ $15K (5.2%)
Price Decreased
May 6, 2024 Price Decreased $290,000
↓ $10K (3.3%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 210
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,701
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 936
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE MANN ESTS UT 3
  • Land Acres: 0000000177
  • Standard Land Use Code: 1001
  • County Land Use Code: 0103
  • State Land Use Code: 001
  • Legal Description 1: LAKE MANN ESTATES UNIT NO 3 Y/114 LOT 19 BLK A

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5555
  • Census Tract: 011701

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: 151
  • Subdivision Tract Number: 4596
  • Parcel: 33-22-29-4596-01-190
  • Block: A
  • Lot: 19
  • Meridian: SEC 33 TWN 22S RNG 29E
  • Municipality: ORLANDO
  • Latitude: 28.5364
  • Longitude: -81.4179

    Address

  • Full Address: 3244 Wolcott Pl
  • Legal Unit: 3
  • Address - House Number: 3244
  • Address - Street Name: Wolcott
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Orlando
  • Carrier Code: C019
  • 4-Digit Zip Code: 2969
  • Zip Code: 32805

Valuation

    Tax

  • Total Area: 1,045
  • Tax Year: 2023
  • Tax Amount: $11,269
  • Tax Rate Code Area: 26-ORL

    Appraisal Valuation

  • Standard Deviation: 0.154
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 81
  • Final Value: 207,876
  • High Value: 239,906
  • Low Value: 175,846

    Market Valuation

  • Market Total Value: $120,427
  • Market Land Value: $45,000
  • Market Improvement Value: $75,427

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $24,046

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 21, 2024
  • Current Sale Recording Date: Feb 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 110687
  • Previous Sale Recording Date: Feb 26, 2024
  • Previous Sale Contract Date: Feb 21, 2024
  • Previous Sale Amount: $105,000
  • 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 Lake Mann Estates

Stats & Trends

Median Asking:

$319,987

Sale Price/ft²

$226

Below Asking

0.03%

Average Days on Market

117

Average Home Size

1379 ft²

Average Home Age

59 years

Currently For Sale

0 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 2215 Lauderdale Court, ORLANDO, FL, 32805

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,382 ft²
2215 Lauderdale Court, ORLANDO, FL, 32805 Listing by Magdalena Cuprys

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Jasmine Vazquez
GOLDEN CLASS REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6195526
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 3244 Wolcott Place built and last sold?
The property at 3244 Wolcott Place was built in 1962 and last sold on Feb 21, 2024 for $165,000.
How much is this home worth?
The estimated value of the home located at 3244 Wolcott Place is $0.
What are some comparable homes to 3244 Wolcott Place?
There are currently no comparable homes to 3244 Wolcott Place.
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