$405,000
●
House -
Off Market
407 LORENZO Drive
Starke, FL 32091
3 Beds
2 Baths
2,082 Ft²
$1,989
Est. Monthly
About This Property
Custom built contractor/owned brick home with circular drive, bring
country living to the city. This 3/2 split plan offers open
areas, great for entertaining family and friends, with vaulted
ceiling, woodburning fireplace in the living room that opens into
the dining and kitchen area, and also into large spacious
Florida/Sunroom. Master bedroom has his & her separate
walk-in closets. This home''s flooring consists of: tile, wood, and
carpet. Extra storage closets located in garage. A must see for the
serious home buyer. Also
30 x 50 RVport/worshop and additional lot. Approx. 170 x 360 Large RV port storage/workshop (30x50) with 2 bay doors and side entry door. The potential is unlimited. This home's location is on a dead end street. So come on out and take a look, and begin a new chapter in life, enjoying country living in the city...
30 x 50 RVport/worshop and additional lot. Approx. 170 x 360 Large RV port storage/workshop (30x50) with 2 bay doors and side entry door. The potential is unlimited. This home's location is on a dead end street. So come on out and take a look, and begin a new chapter in life, enjoying country living in the city...
Unit Size
2,082 Ft²
Days on Market
-
Land Size
-
Price per sqft
$195
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1982
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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 (Real MLS #1153566)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 1, 2022 | Sold | ||
| Sold | |||
| Nov 2, 2022 | Listed by ENGEL & VOLKERS GAINESVILLE | $399,900 | |
| Listed by ENGEL & VOLKERS GAINESVILLE | |||
| | |||
|
This custom contractor built and owned brick home in Starke city limits, with circular drive makes the city feel like the country. The 3/2 split has open floor plan, vaulted ceilings, and natural light pouring in from the attached enclosed sun room. Large owners suite with double walk in closet and en suite bathroom & large vanity, shower/tub combo. Flooring throughout is wood/carpet/tile. The 2 guest rooms share a full bathroom. The home has 2 A/C units, large 30x50 barn for RV/boat/ATV/workshop/gym, extra utility shed, lots of storage, and 1 acre vacant lot.
| |||
| Feb 11, 2022 | Listed by FLORIDA HOMES REALTY & MTG LLC | $405,000 | |
| Listed by FLORIDA HOMES REALTY & MTG LLC | |||
| Nov 21, 2007 | Sold | ||
| Sold | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Starke
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Listed by: RONALD E. NORMAN, FLORIDA HOMES REALTY & MTG LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1153566
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 1153566
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