69 Powell ROAD
About This Property
Featuring 3 bedrooms and 2 full baths, this spacious home boasts over 1800 sq ft of living space, providing ample room for your family to grow and thrive. The generously sized rooms and thoughtful layout contribute to a sense of openness and tranquility throughout.
Situated on over half an acre of property, 69 Powell Rd is located in a quiet neighborhood on a dead-end street, ensuring a peaceful and private living environment. The privacy fencing surrounding the inground pool creates a secluded oasis, perfect for enjoying the Florida sunshine. The expansive side yard is complemented by a large open patio area and a screened porch, inviting you to embrace the coveted Florida living lifestyle.
For those with vehicles and outdoor gear, this property offers a 2-car garage complete with built-in cabinets, along with extra covered parking space for your toys. Whether you're a car enthusiast or simply in need of additional storage, this home has you covered.
Step into the sunken living room and be greeted by a real stone fireplace and cathedral ceilings, adding a touch of character and warmth to the space. The large separate dining room, open to the living room, provides an ideal setting for entertaining family and friends.
While this home requires some TLC for upgrades and repairs, the potential return on investment makes it a worthwhile endeavor. Bring your vision and creativity to transform this property into the home of your dreams. Don't miss the opportunity to own a piece of Winter Haven with all the potential this property has to offer. Welcome home to 69 Powell Rd!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 23, 2024 | Sold | ||
| Sold | |||
| Jan 28, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Price Decreased |
$289,000
↓ $6K
(2%) | |
| Price Decreased | |||
| Dec 19, 2023 | Price Decreased |
$295,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Nov 27, 2023 | Listed by MARK SPAIN REAL ESTATE | $300,000 | |
| Listed by MARK SPAIN REAL ESTATE | |||
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About Polk
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017