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Polk 33843 Lakeview Park
80 GARRISON LANE
$155,000
● House - Off Market

80 GARRISON LANE

FROSTPROOF, FL 33843
bedrooms
3 Beds
bathrooms
1 Bath
square feet
966 Ft²
$943
Est. Monthly
12.14%
Cap Rate

About This Property

This 3 bedroom home is move in ready!  Recently remodeled, including a new roof, new kitchen complete with granite counters and new appliances, new interior and exterior paint, new flooring, and a new HVAC system.  Don't miss this opportunity.  This is a Fannie Mae Homepath property.
Unit Size
966 Ft²
Days on Market
171 days
Land Size
0.16 acres
Price per sqft
$160
Property Type
House
Property Taxes
$181
HOA Dues
-
Year Built
1972

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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: 2 years ago (Stellar MLS #P4933097)

Price History

Date / Event Date Event Price
Jun 6, 2025 Sold
Premium
Sold
May 15, 2025 In contract -
In contract
Apr 17, 2025 Price Decreased $155,000
↓ $5K (3.1%)
Price Decreased
Apr 13, 2025 Relisted $160,000
Relisted
Mar 19, 2025 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 28
  • Exterior Walls Type: 23
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 63
  • Pool Type: 0
  • Location Influence Type: 172

    Dimensions

  • Lot Size Square Feet: 6,987
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 760
  • Total Building Area: 966
  • Gross Building Area: 966
  • Building Area: 966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 966
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEVIEW PARK
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: LAKEVIEW PARK PB 50 PG 41 LOT 80

Neighborhood

  • School District Name: Polk County School District
  • Census Tract: 015701

Zoning

  • Zoning: RC

Geography

  • Assessors Map Reference: Jan 01, 1970
  • Subdivision Tract Number: 984900
  • Parcel: 28-32-06-984900-000800
  • Lot: 80
  • Meridian: SEC 06 TWN 32S RNG 28E
  • Municipality: UNINCORP/SWFWMD
  • Latitude: 27.7302
  • Longitude: -81.5495

    Address

  • Full Address: 80 Garrison Ln
  • Address - House Number: 80
  • Address - Street Name: Garrison
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Frostproof
  • Carrier Code: R003
  • 4-Digit Zip Code: 9626
  • Zip Code: 33843

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $188,664
  • Initial Tax Delinquent Year: 2019
  • Tax Rate Code Area: 90000

    Appraisal Valuation

  • Standard Deviation: 0.0965
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 91
  • Final Value: 113,544
  • High Value: 124,508
  • Low Value: 102,579

    Market Valuation

  • Market Total Value: $104,743
  • Market Land Value: $7,300
  • Market Improvement Value: $97,443

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,743
  • Assessed Land Value: $7,300
  • Assessed Improvements Value: $97,443

    Sales

  • Current Sale Contract Date: Dec 06, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20210321022
  • Previous Sale Recording Date: Jul 28, 2020
  • Previous Sale Contract Date: Jul 22, 2020
  • Previous Sale Amount: $78,000
  • 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 Lakeview Park

Stats & Trends

Median Asking:

$178,500

Sale Price/ft²

$185

Below Asking

0.06%

Average Days on Market

309

Average Home Size

1035 ft²

Average Home Age

55 years

Currently For Sale

2 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 318 Chesney Blvd, FROSTPROOF, FL, 33843

$1,900 /mo

  • 3 Beds
  • 2 Baths
  • 1,268 ft²
318 Chesney Blvd, FROSTPROOF, FL, 33843 Listing by Michael Hutto

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Dwight Head
ALLSTATE REALTY SERVICES
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# P4933097
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 80 Garrison Lane built and last sold?
The property at 80 Garrison Lane was built in 1972 and last sold on Dec 6, 2021 for $120,000.
How much is this home worth?
The estimated value of the home located at 80 Garrison Lane is $157,102.
What are some comparable homes to 80 Garrison Lane?
There are currently no comparable homes to 80 Garrison Lane.
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