$75,000
●
Mobile Manufactured -
In Contract
542 CORDELL Avenue
Interlachen, FL 32148
3 Beds
2 Baths
1,512 Ft²
$431
Est. Monthly
About This Property
INVESTOR SPECIAL! Property sits along a small portion of Lake
Virginia and offers plenty of potential for the right buyer. The
pond is currently very low, and the waterfront area is overgrown.
Home is currently NOT LIVABLE and will require extensive
renovation. Flooring is in poor condition, and the roof has areas
of significant damage, including holes. CASH BUYERS ONLY. Property
is being sold strictly AS-IS and seller will make no repairs. Great
opportunity for an experienced investor looking for a major rehab
project. Bring your contractor, your vision and your tools! Buyer
to perform all due diligence and verify property condition,
systems, pond/water conditions, permitting and intended use. Enter
and inspect property at your own risk.
Unit Size
1,512 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$50
Property Type
Mobile Manufactured
Property Taxes
$62
HOA Dues
-
Year Built
2003
Listed By
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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: 18 days ago (Real MLS #2166513)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Sep 24, 2026 | Listed by NICOSIA REALTY INC. | $75,000 | |
| Listed by NICOSIA REALTY INC. | |||
| May 6, 2015 | Sold | ||
| Sold | |||
| Feb 10, 2014 | Listed by NICOSIA REALTY INC. | $54,900 | |
| Listed by NICOSIA REALTY INC. | |||
| | |||
|
MOVE IN READY! THE WATER IS UP ON LAKE VIRGINIA. GREAT BACK YARD WITH TIKI BAR AND DOCK. FULL LENGTH COVERED BACK DECK, PERFECT FOR ENJOYING THE WEATHER. BIG OPEN LIVING ROOM AND DINING ROOM WITH BREAKFAST BAR. LIGHT AND BRIGHT IN EVERY ROOM. WOOD FLOORS THROUGHOUT WITH CARPET IN EACH BEDROOM. A EXTRA ROOM COULD BE A 4TH BEDROOM OR OFFICE. SELLING AS IS. WORTH SEEING. ALL OFFERS WITH BE CONSIDERED. SELLER WILL GIVE A $1,000 CREDIT FOR REPAIRS. SELLER WILL CONSIDER OWNER FINANCE WITH $10,000 DOWN AND ACCEPTABLE CREDIT REPORT
| |||
| Jul 28, 2008 | Listed by NICOSIA REALTY INC. | $129,000 | |
| Listed by NICOSIA REALTY INC. | |||
| | |||
|
LAKE VIRGINIA, FISH FROM YOUR BEAUTIFUL DOCK. LANDSCAPED WITH MAGNOLIA AND PALM TREES. CEDAR SHAVINGS, BEAUTIFUL COVERED BACK FULL LENGHT PORCH. GREAT VIEW AND SETTING TO SIT OUT AND ENJOY THE LAKE BREEZE. HOME IN GREAT CONDITION. 3 BEDROOMS WITH A 4TH ROOM TO BE USED FOR WHATEVER YOU WISH. BIG SPACIOUS KITCHEN WITH COUNTER-BAR. A MUST SEE TO ENJOY AND APPRECIATE.
| |||
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Property Highlights
Air Conditioning
Parking Details
Parking Features: Other
Interior Details
Full Bathrooms: 2
Appliances: Refrigerator
Exterior Details
Square Footage: 1512
Square Footage Source: $0
Property Condition: Fixer
Year Built: 2003
Levels: One
Patio and Porch Features: Front Porch, Rear Porch
Lot Size Area: 0.39
Lot Size Units: Acres
Lot Size Acres: 0.39
Lot Size Square Feet: 16988.4
Water Source: Well
Financial Details
Tax Annual Amount: $748
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Putnam
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Listed by: JODY ROBINSON, NICOSIA REALTY INC.
Last Updated: 18 days ago
Data Source: Real MLS, MLS# 2166513
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: 18 days ago
Data Source: Real MLS, MLS# 2166513
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Phone: 425-283-2930
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