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Hernando 34442
3858 E Lake Todd Drive
$128,100
● House - Off Market

3858 E Lake Todd Drive

Hernando, FL 34442
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,374 Ft²
$216,159
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model

About This Property

Arbor Lakes is a gated, 55 & over planned lakefront community with lots of amenities including a lakefront park, tennis courts, pickle ball, heated swimming pool  & a storage area you can arrange to keep your RV, Boat, etc. in.    Nice home that's not too big & not too small but just right.  Fruit trees, central water & sewer & sidewalks too.  There's a nice clubhouse too with a billiards table & space for meetings, cards, etc.   Great location with a short drive to both Ocala and Inverness.  Canoeing and walking trails too.  Make sure you put this home on your short list to see.  Seller will provide a One Year Home Warranty for your peace of mind.
Unit Size
1,374 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$100
Property Type
House
Property Taxes
$68
HOA Dues
$75
Year Built
2003

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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 #761943)

Price History

Date / Event Date Event Price
Jan 26, 2018 Sold
Premium
Sold
Aug 14, 2017 Listed by The Holloway Group, PA $137,000
Listed by The Holloway Group, PA
Mar 7, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • 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
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 53
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,836
  • Gross Building Area: 1,996
  • Building Area: 1,374
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 1,374
  • 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 7 BLK N

Neighborhood

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

Zoning

  • Zoning: PDR

Geography

  • Account Number: 2953209
  • Parcel: 19E-18S-14-0140-000N0-0070
  • Block: N
  • Lot: 7
  • Meridian: SEC 14 TWN 18S RNG 19E
  • Municipality: WITHLACOOCHEE RIVER BASIN
  • Latitude: 28.9278
  • Longitude: -82.3699

    Address

  • Full Address: 3858 E Lake Todd Dr
  • Legal Unit: 1
  • Address - House Number: 3858
  • Street Direction: E
  • Address - Street Name: Lake Todd
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Hernando
  • Carrier Code: H005
  • 4-Digit Zip Code: 5552
  • Zip Code: 34442

Valuation

    Tax

  • Total Area: 2,031
  • Tax Year: 2023
  • Tax Amount: $150,559
  • Tax Rate Code Area: 000X

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 64
  • Final Value: 257,641
  • High Value: 322,841
  • Low Value: 192,440

    Market Valuation

  • Market Total Value: $187,994
  • Market Land Value: $9,830
  • Market Improvement Value: $178,164

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,627

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2018
  • Current Sale Recording Date: Jan 26, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018004111
  • Previous Sale Recording Date: Mar 07, 2003
  • Previous Sale Contract Date: Mar 03, 2003
  • Previous Sale Amount: $21,000
  • 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 Hernando

Stats & Trends

Median Asking:

$299,500

Sale Price/ft²

$188

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1728 ft²

Average Home Age

30.9 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: John Holloway, The Holloway Group, PA
Last Updated: 2 years ago
Data Source: Citrus MLS, MLS# 761943
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 3858 East Lake Todd Drive built and last sold?
The property at 3858 East Lake Todd Drive was built in 2003 and last sold on Jan 26, 2018 for $128,100.
How much is this home worth?
The estimated value of the home located at 3858 East Lake Todd Drive is $0.
What are some comparable homes to 3858 East Lake Todd Drive?
There are currently no comparable homes to 3858 East Lake Todd Drive.
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