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South Brooksville 34601 Mountain Park
8515 Cobb ROAD
$175,000
● House - Off Market

8515 Cobb ROAD

BROOKSVILLE, FL 34601
bedrooms
2 Beds
bathrooms
1 Bath
square feet
752 Ft²
$984
Est. Monthly
9.79%
Cap Rate

About This Property

**Seller offering 2% concession with full price offer. Concession can be used to cover closing costs or buy down the mortgage rate.** This wonderful 2 bed 1 bath home is located in Brooksville and is private Florida living at it's finest.  This home sits on over a quarter acre.  Walk in to a great screened in porch.  Home offers new luxury vinyl plank flooring throughout.  Freshly painted inside and out.  New kitchen with shaker cabinets, granite countertops, and stainless steel appliances.  Brand new bathroom.  Brand new AC (2023). Metal roof with plenty of life left.  Come see this home today, you'll love what it has to offer!
Unit Size
752 Ft²
Days on Market
77 days
Land Size
0.28 acres
Price per sqft
$253
Property Type
House
Property Taxes
$51
HOA Dues
-
Year Built
1955

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (Stellar MLS #O6148108)

Price History

Date / Event Date Event Price
Dec 29, 2023 Sold
Premium
Sold
Oct 27, 2023 In contract -
In contract
Oct 9, 2023 Listed by LEERDAM PROPERTIES INC. $189,900
Listed by LEERDAM PROPERTIES INC.
Jul 11, 2023 Sold
Premium
Sold
Feb 29, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,200
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 1,128
  • Gross Building Area: 1,128
  • Building Area: 752
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 752
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOUNTAIN PARK
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • State Land Use Code: 01
  • Legal Description 1: MOUNTAIN PARK BLK C W101 FT OF LOTS 18 & 19 & N20 FT OF E105 FT OF LOT 19 ORB 347 PG 294 ORB 732 PG 1126

Neighborhood

  • School District Name: Hernando County School District
  • School Tax School District: 36,99
  • Census Tract: 040602

Geography

  • Assessors Map Reference: MAP: 68D
  • Account Number: 00136356
  • Parcel: R20-222-19-2740-00C0-0180
  • Block: C
  • Lot: 18,19
  • Meridian: SEC 20 TWN 22S RNG 19E
  • Municipality: COASTAL RIVER BASIN EMS CRES
  • Latitude: 28.5558
  • Longitude: -82.4213

    Address

  • Full Address: 8515 Cobb Rd
  • Address - House Number: 8515
  • Address - Street Name: Cobb
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Brooksville
  • Carrier Code: R035
  • 4-Digit Zip Code: 8706
  • Zip Code: 34601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $61,028
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: CW-ES

    Appraisal Valuation

  • Standard Deviation: 0.0956
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 184,183
  • High Value: 201,801
  • Low Value: 166,565

    Market Valuation

  • Market Total Value: $87,306
  • Market Land Value: $12,932
  • Market Improvement Value: $74,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $43,591

    Sales

  • Current Sale Contract Date: Dec 22, 2023
  • Current Sale Recording Date: Dec 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 81722
  • Previous Sale Recording Date: Jul 11, 2023
  • Previous Sale Contract Date: Jun 30, 2023
  • Previous Sale Amount: $75,000
  • 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 Mountain Park

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$222

Above Asking

0.10%

Average Days on Market

72

Average Home Size

1008 ft²

Average Home Age

73.5 years

Currently For Sale

0 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

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STELLAR

Listed by: Philip Shaw
LEERDAM PROPERTIES INC.
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# O6148108
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 8515 Cobb Road built and last sold?
The property at 8515 Cobb Road was built in 1955 and last sold on Dec 22, 2023 for $175,000.
How much is this home worth?
The estimated value of the home located at 8515 Cobb Road is $190,880.
What are some comparable homes to 8515 Cobb Road?
There are currently no comparable homes to 8515 Cobb Road.
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