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Leesburg 34762 Arlington Ridge
4587 Shenandoah River TRAIL
$424,000
● House - Off Market

4587 Shenandoah River TRAIL

LEESBURG, FL 34748
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,711 Ft²
$428,915
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

3 BEDROOM, 2 BATH, 2 CAR GARAGE SCREENED LANAI, ENERGY EFFICIENT 1,711 HEATED SQUARE FEET, LUXURY ENGINEERED OAK HARDWOOD FLOORING, 9 FOOT CEILINGS, CROWN MOLDING & WIDE BASEBOARD IN MAIN AREAS & HARDWOD FLOORS IN ALL 3 BEDROOMS, HIGH QUALITY PORCELAIN TILE IN LAUNDRY, KITCHEN & BATHS ROOMS, KITCHEN HAS PLENTY OF UPGRADED STAGGERED SOFT CLOSE DRAWERS & CABINETS W PULL OUTS, CAMBRIA QUARTZ COUNTER, BAR-TOP SEATING FOR 4 , MASTER BEDROOM HAS CONSERVATION VIEW HAS EN-SUITE BATH W/ TWIN VANITIES, WALK-IN ROMAN SHOWER, AND WALK-IN CLOSETS, INDOOR LAUNDRY ROOM
Unit Size
1,711 Ft²
Days on Market
43 days
Land Size
0.15 acres
Price per sqft
$248
Property Type
House
Property Taxes
$203
HOA Dues
$102
Year Built
2020

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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: 3 years ago (Stellar MLS #G5054433)

Price History

Date / Event Date Event Price
Jun 7, 2022 Sold
Premium
Sold
Apr 21, 2022 Listed by LOKATION $424,000
Listed by LOKATION
Jul 2, 2020 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • 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: 616
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 59
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,324
  • Total Building Area: 2,315
  • Gross Building Area: 2,315
  • Building Area: 1,699
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,699
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARLINGTON RIDGE
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: ARLINGTON RIDGE-PHASE 3C PB 71 PG 32-35 LOT 978 ORB 5970 PG 672

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 031107

Geography

  • Assessors Map Reference: BK 71 PG 32-35
  • Account Number: 3915644
  • Subdivision Tract Number: A,D
  • Parcel: 14-20-24-0032-000-00978
  • Lot: 978
  • Meridian: SEC 14 TWN 20S RNG 24E
  • Municipality: LEESBURG
  • Latitude: 28.7263
  • Longitude: -81.8838

    Address

  • Full Address: 4587 Shenandoah River Trl
  • Address - House Number: 4587
  • Address - Street Name: Shenandoah River
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Leesburg
  • Carrier Code: R011
  • 4-Digit Zip Code: 1343
  • Zip Code: 34748

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $555,873
  • Tax Rate Code Area: AR0L

    Appraisal Valuation

  • Standard Deviation: 0.1654
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 79
  • Final Value: 447,568
  • High Value: 521,627
  • Low Value: 373,509

    Market Valuation

  • Market Total Value: $346,910
  • Market Land Value: $90,000
  • Market Improvement Value: $256,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,910
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $256,910

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 02, 2022
  • Current Sale Recording Date: Jun 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 78499
  • Previous Sale Recording Date: Jul 02, 2020
  • Previous Sale Contract Date: Jun 25, 2020
  • Previous Sale Amount: $298,400
  • 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 Arlington Ridge

Stats & Trends

Median Asking:

$357,450

Sale Price/ft²

$195

Below Asking

0.04%

Average Days on Market

84

Average Home Size

1787 ft²

Average Home Age

11.3 years

Currently For Sale

32 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 5512 Windsong Oak Drive, LEESBURG, FL, 34748

$2,295 /mo

  • 4 Beds
  • 2 Baths
  • 1,858 ft²
5512 Windsong Oak Drive, LEESBURG, FL, 34748 Listing by Joe Hawash
Unit for rent at 5009 El Destino Drive, FL, 34748

$2,450 /mo

  • 2 Beds
  • 2 Baths
  • 1,428 ft²
5009 El Destino Drive, FL, 34748 Listing by Dawn Brooks

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Steven Simpkins
LOKATION
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# G5054433
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 4587 Shenandoah River Trail built and last sold?
The property at 4587 Shenandoah River Trail was built in 2020 and last sold on Jun 2, 2022 for $424,000.
How much is this home worth?
The estimated value of the home located at 4587 Shenandoah River Trail is $0.
What are some comparable homes to 4587 Shenandoah River Trail?
There are currently no comparable homes to 4587 Shenandoah River Trail.
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