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Leesburg 34748 Ravenswood Park
3746 PALM DRIVE
$240,000
● House - Off Market

3746 PALM DRIVE

LEESBURG, FL 34748
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,590 Ft²
$1,588
Est. Monthly
7.48%
Cap Rate

About This Property

You'll be enamored by the charm of the brick facade upon arrival at this Leesburg home! Step inside into the inviting foyer, which is situated adjacent to the home's well-appointed living room and dining room. The kitchen boasts a 4-piece appliance package, hard surface countertops, and ample storage. Rounding out this ranch style floorplan is the primary suite, two secondary bedrooms, and a laundry room. Enjoy the enclosed sun room all year long! Come and see for yourself the possibilities that this home has to offer!
Unit Size
1,590 Ft²
Days on Market
196 days
Land Size
0.37 acres
Price per sqft
$161
Property Type
House
Property Taxes
$330
HOA Dues
-
Year Built
1974

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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: 11 months ago (Stellar MLS #O6302894)

Price History

Date / Event Date Event Price
Nov 7, 2025 Sold
Premium
Sold
Oct 7, 2025 In contract -
In contract
Sep 18, 2025 Relisted $256,000
Relisted
Aug 13, 2025 In contract -
In contract
Aug 6, 2025 Relisted $256,000
Relisted
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 304
  • Parking Space Count: 1
  • Patio Type: 93
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,112
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 1,894
  • Gross Building Area: 1,894
  • Building Area: 1,590
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,590
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RAVENSWOOD PARK
  • Land Acres: 0000000255
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: RAVENSWOOD PARK LOT 6 PB 17 PG 42 ORB 6008 PG 1474

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030507

Zoning

  • Zoning: R6

Geography

  • Assessors Map Reference: 70B
  • Account Number: 1372704
  • Subdivision Tract Number: 0400
  • Parcel: 02-20-24-0400-000-00600
  • Lot: 6
  • Meridian: SEC 2 TWN 20S RNG 24E
  • Municipality: UNINCORPORATED
  • Latitude: 28.7731
  • Longitude: -81.8906

    Address

  • Full Address: 3746 Palm Dr
  • Address - House Number: 3746
  • Address - Street Name: Palm
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Leesburg
  • Carrier Code: R033
  • 4-Digit Zip Code: 9376
  • Zip Code: 34748

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $366,578
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 290,816
  • High Value: 348,252
  • Low Value: 233,381

    Market Valuation

  • Market Total Value: $230,514
  • Market Land Value: $56,000
  • Market Improvement Value: $174,514

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $230,514
  • Assessed Land Value: $56,000
  • Assessed Improvements Value: $174,514

    Sales

  • Current Sale Contract Date: Aug 31, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021124887
  • Previous Sale Recording Date: May 04, 2007
  • Previous Sale Contract Date: Apr 20, 2007
  • Previous Sale Amount: $145,000
  • 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 Ravenswood Park

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

2854 ft²

Average Home Age

60 years

Currently For Sale

1 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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STELLAR

Listed by: Blake Keathley
EVERYSTATE INC.
Last Updated: 11 months ago
Data Source: Stellar MLS, MLS# O6302894
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 3746 Palm Drive built and last sold?
The property at 3746 Palm Drive was built in 1974 and last sold on Aug 31, 2021 for $210,100.
How much is this home worth?
The estimated value of the home located at 3746 Palm Drive is $0.
What are some comparable homes to 3746 Palm Drive?
There are currently no comparable homes to 3746 Palm Drive.
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