Priced to sell! This is your opportunity to own a beautiful,
move-in ready 4-bed/2.5-bath/2-car garage home in the desirable
gated community of Hammocks at Riverglen in Deerfield Beach. Major
updates include: a New Roof (2024), HVAC (2026), WH (2019), Water
Softener System (2019) and New appliances (2024). From the moment
you arrive, you'll appreciate the spacious layout and tranquil
setting overlooking a beautiful lake and expansive green space. The
oversized screened-in patio creates the perfect spot for morning
coffee, outdoor dining, entertaining, or simply unwinding at the
end of the day. Enjoy the community's low HOA fee, pool, and
playground, all while being conveniently located near Deerfield
Beach, shopping, dining, parks, and I-95 & the Turnpike for
commuting.
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.
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned, Water Softener, Water Heater, Washer
Construction Materials: Block, CBSConcreteBlockStructure
Patio and Porch Features: Patio, Screened
Pool Features: Association
Lot Features: LessThanQuarterAcre
Lot Size Area: 3920.4
Lot Size Units: Square Feet
Lot Size Acres: 0.09
Lot Size Square Feet: 3920.4
Water Source: Public
Financial Details
Tax Assessed Value: $397,000
Tax Annual Amount: $10,235
Utilities Details
Cooling Type: Central Air, Ceiling Fan(s), Electric
Heating Type: Central, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: CommonAreas
HOA/Condo/Coop Amenities: Clubhouse, Gated, Playground, Pool
HOA Fee: $100
HOA Fee Frequency: Monthly
Building Info
Overview
General
Year Built:
1997
Effective Year Built:
1998
Building Count:
1
Bedroom Count:
4
Bathroom Count:
3
Full Bathrooms:
2
Partial Bathrooms:
3
Building Condition:
6
Building Quality:
7
Construction Type:
12
Building Style:
0
Exterior Walls Type:
7
Interior Walls Type:
3
Roof Shape Type:
7
Roof Cover Type:
18
Floor Count:
200
Living Units:
1
Floor Cover:
15
Basement Type:
0
Basement Area:
0
Parking Type:
6
Garage Type:
7
Garage Square Area:
420
Parking Space Count:
2
Patio Type:
12
Porch Type:
111
Pool Type:
0
Dimensions
Lot Size Square Feet:
3,840
Total Building Area:
2,565
Gross Building Area:
2,565
Building Area:
2,100
Building Area Measurement:
L
Heating and Cooling
Air Conditioning:
1
Heating:
0
Heated Square Feet:
2,100
Heating Fuel Type:
0
Utilities
Sewer System:
0
Water Service:
0
Building
Building Type:
0
Property Class:
R
Subdivision:
HAMMOCKS AT RIVERGLEN 159-29 B
Land Acres:
0000000088
Standard Land Use Code:
1001
County Land Use Code:
01-01
State Land Use Code:
01
Legal Description 1:
HAMMOCKS AT RIVERGLEN 159-29 B A POR PAR A DESCD AS:COMM NE COR SAID PAR A;S 241,W 421.37 TO POB,W 40,N 96,E 40,S 96 TO POB AKA: LOT 118 OF HAMMOCKS AT RIVERGLEN
Neighborhood
School District Name:
Broward County School District
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