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Seminole 32771 Lake Forest
840 Isle POINT
$262,500
● Land - Off Market

840 Isle POINT

SANFORD, FL 32771
bedrooms
Studio
bathrooms
0 Bath
$643,463
RealtyHop Estimate
115.21%
Since Sep 1, 2012
National-US
Primary Model

About This Property

Build your dream home and enjoy your water view from this nicely positioned lot on Isle Point in the prestigious community of Lake Forest. .
Unit Size
-
Days on Market
-
Land Size
0.54 acres
Price per sqft
-
Property Type
Land
Property Taxes
$259
HOA Dues
$183
Year Built
2013

Payment Calculator

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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 #O5091796)

Price History

Date / Event Date Event Price
Aug 13, 2012 Sold
Premium
Sold
Apr 14, 2009 Sold
Premium
Sold

Property Highlights

With View

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 9
  • Roof Cover Type: 18
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 946
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 23,687
  • Total Building Area: 5,168
  • Gross Building Area: 5,168
  • Building Area: 4,222
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 18
  • Heated Square Feet: 4,222
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE FOREST SECTION 15
  • Land Acres: 0000000544
  • Standard Land Use Code: 1001
  • County Land Use Code: 0130
  • State Land Use Code: 0130
  • Legal Description 1: LOT 690 LAKE FOREST SECTION 15 PB 66 PGS 79 - 81

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: COUNTY-TX DIST
  • Census Tract: 020706

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: 00899D1B
  • Subdivision Tract Number: 520
  • Parcel: 20-19-30-520-0000-6900
  • Lot: 690
  • Meridian: SEC 20 TWN 19S RNG 30E
  • Municipality: COUNTY-TX DIST 1
  • Latitude: 28.8221
  • Longitude: -81.3438

    Address

  • Full Address: 840 Isle Pt
  • Address - House Number: 840
  • Address - Street Name: Isle
  • Address - Suffix Type: Pt
  • State: FL
  • City Name: Sanford
  • Carrier Code: R014
  • 4-Digit Zip Code: 5443
  • Zip Code: 32771

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,050,096
  • Tax Rate Code Area: 01

    Appraisal Valuation

  • Standard Deviation: 0.1327
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 84
  • Final Value: 1,237,187
  • High Value: 1,401,481
  • Low Value: 1,072,893

    Market Valuation

  • Market Total Value: $1,104,852
  • Market Land Value: $165,000
  • Market Improvement Value: $939,852

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $806,050

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 2012
  • Current Sale Recording Date: Aug 13, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012095299
  • Previous Sale Recording Date: Apr 14, 2009
  • Previous Sale Contract Date: Apr 10, 2009
  • Previous Sale Amount: $1,272,000
  • 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 Lake Forest

Stats & Trends

Median Asking:

$855,000

Sale Price/ft²

$276

Below Asking

0.06%

Average Days on Market

57

Average Home Size

3064 ft²

Average Home Age

27.5 years

Currently For Sale

4 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

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: PETER PETRILLI
CUSTOM BUILDER REALTY LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O5091796
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 840 Isle Point built and last sold?
The property at 840 Isle Point was built in 2013 and last sold on Aug 6, 2012 for $262,500.
How much is this home worth?
The estimated value of the home located at 840 Isle Point is $0.
What are some comparable homes to 840 Isle Point?
There are currently no comparable homes to 840 Isle Point.
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