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Hernando 34442
3701 E Arbor Lakes Drive
$149,000
● House - Off Market

3701 E Arbor Lakes Drive

Hernando, FL 34442
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,950 Ft²
$240,754
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Live the Intrinsic Laid Back Florida Lifestyle in the Ever So Popular ARBOR LAKES, a Gated Over 55 WATERFRONT Community with Amenities Galore!  Drenched in Sunlight, this One Owner Custom 3 Bedroom, 2 Bath home offers an Exceptional Open and Spacious Floor Plan.  Features include:  Large Bedrooms, 11' closet for storage; Separate Living and Dining Room; Large Kitchen and Breakfast Area opening into the Gathering Room; Kitchen Skylight; Built In China Cabinet, Walk In Pantry; large Laundry Room with Sink and a Two Car Garage with Workbench and Storage Cabinets.  Enjoy the Clubhouse, Pool, Tennis, Walking Trails and BOAT RAMP for Boat and Kayak access!
Unit Size
1,950 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$76
Property Type
House
Property Taxes
$81
HOA Dues
$75
Year Built
1996

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 (Citrus MLS #756175)

Price History

Date / Event Date Event Price
May 24, 2017 Sold
Premium
Sold
Mar 2, 2017 Listed by Foxfire Realty LLC $149,000
Listed by Foxfire Realty LLC
Nov 1, 2004 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 92
  • Porch Type: 53
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,412
  • Gross Building Area: 2,656
  • Building Area: 1,950
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,950
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARBOR LAKES - UNIT 1
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: ARBOR LAKES UNIT 1 PB 15 PG 75 LOT 25 BLK C

Neighborhood

  • School District Name: Citrus County School District
  • School Tax School District: 000X
  • Census Tract: 450105

Zoning

  • Zoning: PDR

Geography

  • Account Number: 2797690
  • Parcel: 19E-18S-14-0140-000C0-0250
  • Block: C
  • Lot: 25
  • Meridian: SEC 14 TWN 18S RNG 19E
  • Municipality: WITHLACOOCHEE RIVER BASIN
  • Latitude: 28.9263
  • Longitude: -82.3726

    Address

  • Full Address: 3701 E Arbor Lakes Dr
  • Legal Unit: 1
  • Address - House Number: 3701
  • Street Direction: E
  • Address - Street Name: Arbor Lakes
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Hernando
  • Carrier Code: H005
  • 4-Digit Zip Code: 5502
  • Zip Code: 34442

Valuation

    Tax

  • Total Area: 2,706
  • Tax Year: 2023
  • Tax Amount: $115,004
  • Tax Rate Code Area: 000X

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 64
  • Final Value: 317,612
  • High Value: 397,989
  • Low Value: 237,235

    Market Valuation

  • Market Total Value: $235,602
  • Market Land Value: $9,830
  • Market Improvement Value: $225,772

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,883

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2017
  • Current Sale Recording Date: May 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017024393
  • Previous Sale Recording Date: Nov 01, 2004
  • Previous Sale Contract Date: Nov 01, 2004
  • Previous Sale Amount: $100
  • Previous Sale Document Type: 27
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 Hernando

Stats & Trends

Median Asking:

$299,500

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

69

Average Home Size

1736 ft²

Average Home Age

31.1 years

Currently For Sale

52 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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CitrusMLS

Listed by: Leslie Landham, Foxfire Realty LLC
Last Updated: 2 years ago
Data Source: Citrus MLS, MLS# 756175
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.

Frequently Asked Questions

When was property at 3701 East Arbor Lakes Drive built and last sold?
The property at 3701 East Arbor Lakes Drive was built in 1996 and last sold on May 11, 2017 for $149,000.
How much is this home worth?
The estimated value of the home located at 3701 East Arbor Lakes Drive is $0.
What are some comparable homes to 3701 East Arbor Lakes Drive?
There are currently no comparable homes to 3701 East Arbor Lakes Drive.
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