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Hernando 34442
3738 E Lake Todd Drive
$10,000
● Land - Off Market

3738 E Lake Todd Drive

Hernando, FL 34442
bedrooms
Studio
bathrooms
0 Bath
$129
Est. Monthly
$65
HOA / Fees

About This Property

Cleared building lot in Arbor Lakes, a gated 55+ community on the Tsala Apopka Chain of Lakes. Amenities include a 20-acre waterfront park with walking trail, boat ramp, fishing pier and BBQ area. Complete with clubhouse, swimming pool, tennis and shuffleboard overlooking the lake. Public sewer & water. Storage area for your RV or boat. Convenient access to Inverness & Ocala, ideal location to build your dream home.
Unit Size
-
Days on Market
-
Land Size
0.16 acres
Price per sqft
-
Property Type
Land
Property Taxes
$14
HOA Dues
$65
Year Built
2019

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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 (Citrus MLS #347456)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold
Premium
Sold
Feb 9, 2024 Listed by Exit Realty Leaders - Crystal River $339,900
Listed by Exit Realty Leaders - Crystal River
Sep 5, 2019 Sold
Premium
Sold
Sep 11, 2018 Listed by Exit Realty Leaders - Crystal River $179,900
Listed by Exit Realty Leaders - Crystal River
Jun 27, 2018 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 4
  • Building Style: 0
  • Exterior Walls Type: 23
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 112
  • Pool Type: 8
  • Location Influence Type: 179

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,852
  • Gross Building Area: 2,052
  • Building Area: 1,411
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,411
  • 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 15 BLK C

Neighborhood

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

Zoning

  • Zoning: PDR

Geography

  • Account Number: 2915226
  • Parcel: 19E-18S-14-0140-000C0-0150
  • Block: C
  • Lot: 15
  • Meridian: SEC 14 TWN 18S RNG 19E
  • Municipality: WITHLACOOCHEE RIVER BASIN
  • Latitude: 28.927
  • Longitude: -82.3718

    Address

  • Full Address: 3738 E Lake Todd Dr
  • Legal Unit: 1
  • Address - House Number: 3738
  • Street Direction: E
  • Address - Street Name: Lake Todd
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Hernando
  • Carrier Code: H005
  • 4-Digit Zip Code: 5574
  • Zip Code: 34442

Valuation

    Tax

  • Total Area: 2,077
  • Tax Year: 2023
  • Tax Amount: $225,534
  • Tax Rate Code Area: 000X

    Appraisal Valuation

  • Standard Deviation: 0.1006
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 90
  • Final Value: 332,885
  • High Value: 366,405
  • Low Value: 299,366

    Market Valuation

  • Market Total Value: $244,523
  • Market Land Value: $9,830
  • Market Improvement Value: $234,693

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,696

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13450
  • Previous Sale Recording Date: Sep 05, 2019
  • Previous Sale Contract Date: Aug 27, 2019
  • Previous Sale Amount: $179,900
  • 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 Hernando

Stats & Trends

Median Asking:

$299,500

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

69

Average Home Size

1737 ft²

Average Home Age

31.1 years

Currently For Sale

51 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 3108 N Wheaton Point, FL, 34442

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,476 ft²
3108 N Wheaton Point, FL, 34442 Listing by Jen Tessmer

Rentals Near You

Click here to view more rentals in the neighborhood.
CitrusMLS

Listed by: The Wade Team, Exit Realty Leaders - Crystal River
Last Updated: 2 years ago
Data Source: Citrus MLS, MLS# 347456
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 3738 East Lake Todd Drive built and last sold?
The property at 3738 East Lake Todd Drive was built in 2019 and last sold on Feb 28, 2024 for $339,900.
How much is this home worth?
The estimated value of the home located at 3738 East Lake Todd Drive is $0.
What are some comparable homes to 3738 East Lake Todd Drive?
There are currently no comparable homes to 3738 East Lake Todd Drive.
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