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Davie 33328 Forest Ridge
8951 Lake Park Cir N
$410,000
● House - Off Market

8951 Lake Park Cir N

Davie, FL 33328
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,602 Ft²
$591,890
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Forest Ridge! New roof Jan 2020, Polybutylene pipes replaced 2015, impact windows and doors 2016, new floors Dec 2019 and just freshly painted. Updated eat in kitchen, California closet in master bedroom, fenced yard, A rated schools, near NSU & 595 for easy travel to downtown Ft Lauderdale & I95.
Unit Size
1,602 Ft²
Days on Market
-
Land Size
-
Price per sqft
$256
Property Type
House
Property Taxes
$459
HOA Dues
$100
Year Built
1996

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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 (Beaches MLS #F10210308)

Price History

Date / Event Date Event Price
Feb 12, 2020 Sold
Premium
Sold
Jan 8, 2020 Listed by Intercoastal Realty Inc $410,000
Listed by Intercoastal Realty Inc
Jun 5, 2015 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 2
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 2
  • Garage Type: 7
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 19
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,725
  • Total Building Area: 1,963
  • Gross Building Area: 1,963
  • Building Area: 1,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,338
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOREST RIDGE CLUSTER HOMES IV C
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 01-05
  • State Land Use Code: 01
  • Legal Description 1: FOREST RIDGE CLUSTER HOMES IV C 158-47 B LOT 157 TOGET WITH PARCEL S OF FOREST RIDGE CLUSTER HOMES IV A 156-12 B

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 070209

Zoning

  • Zoning: PRD

Geography

  • Assessors Map Reference: 194
  • District: 2412H
  • Parcel: 50-41-20-18-0180
  • Lot: 157
  • Meridian: SEC 20 TWN 50S RNG 41E
  • Municipality: DAVIE
  • Latitude: 26.09
  • Longitude: -80.268

    Address

  • Full Address: 8951 Lake Park Cir N
  • Address - House Number: 8951
  • Street Segment Direction: N
  • Address - Street Name: Lake Park
  • Address - Suffix Type: Cir
  • State: FL
  • City Name: Davie
  • Carrier Code: C016
  • 4-Digit Zip Code: 7012
  • Zip Code: 33328

Valuation

    Tax

  • Total Area: 1,613
  • Tax Year: 2023
  • Tax Amount: $694,861
  • Tax Rate Code Area: 2412H

    Appraisal Valuation

  • Standard Deviation: 0.1613
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 636,227
  • High Value: 738,877
  • Low Value: 533,577

    Market Valuation

  • Market Total Value: $450,990
  • Market Land Value: $47,250
  • Market Improvement Value: $403,740

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $361,890

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 12, 2020
  • Current Sale Recording Date: Feb 12, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 116347126
  • Previous Sale Recording Date: Jun 05, 2015
  • Previous Sale Contract Date: Jun 04, 2015
  • Previous Sale Amount: $323,000
  • 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 Forest Ridge

Stats & Trends

Median Asking:

$750,000

Sale Price/ft²

$409

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1924 ft²

Average Home Age

30.8 years

Currently For Sale

5 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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BEACHES

Listed by: Patricia Huff
Intercoastal Realty Inc
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F10210308
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

Frequently Asked Questions

When was property at 8951 Lake Park Circle North built and last sold?
The property at 8951 Lake Park Circle North was built in 1996 and last sold on Feb 12, 2020 for $410,000.
How much is this home worth?
The estimated value of the home located at 8951 Lake Park Circle North is $0.
What are some comparable homes to 8951 Lake Park Circle North?
There are currently no comparable homes to 8951 Lake Park Circle North.
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