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Key Details
Sold Price $237,150
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,050 sqft
Price per Sqft $225
Subdivision Apopka Terrace First Add
MLS Listing ID O6079719
Sold Date 02/18/23
Bedrooms 3
Full Baths 2
Construction Status Inspections
HOA Y/N No
Originating Board Stellar MLS
Year Built 2022
Annual Tax Amount $1,517
Lot Size 8,712 Sqft
Acres 0.2
Property Description
FAST RESPONSE!!! Perfect home for starting family, Start/add to your investment portfolio. New Construction! This brand new open-plan home with 9-foot ceilings is sure to impress your tallest relative. The brand new kitchen, with solid granite countertops and stainless steel appliances is a show stopper for family and friends for years to come. Store all of your hard-to-store items in your new walk-in closets. Your new private master bath is allows is tranquil and quiet, so you can get some peace of mind in your soaking in your new tub. The split level plan allows others to use their own bathroom away from the master. Wash all of your family's clothes in the privacy of your new home in your new separate utility room. You don't have to worry about any leaks because your roof is brand new! The new recessed lighting and luxury vinyl waterproof flooring allows the backdrop for your new family to grow and thrive. Host your next big party in your new large fenced backyard and store all your tools in the included shed (8'x6')! Easy access to downtown Apopka and highway 429. Investors don't miss this STRONG investment. A healthy 36% Levered Internal Rate of Return (IRR) based on a five year hold, 20% down payment ($50k) renting for $1,794 monthly ($21,528 annually) with a 5% increase annually and 25% in expenses [taxes, insurance, repairs, vacancy] then selling for 7% cap in year five. (Initial -$50k, Yr1 net $16k; Yr2 $16.9k; Yr3 $17.7k; Yr4 $18.6k; Yr 5 $19k; End $79k gross profit). Come and check this property out before your competition does!
Location
State FL
County Orange
Community Apopka Terrace First Add
Zoning RSF-1A
Interior
Interior Features Master Bedroom Main Floor
Heating Central
Cooling Central Air
Flooring Vinyl
Fireplace false
Appliance Range, Refrigerator
Exterior
Fence Fenced
Utilities Available Electricity Available
Waterfront false
Roof Type Shingle
Garage false
Private Pool No
Building
Entry Level One
Foundation Slab
Lot Size Range 0 to less than 1/4
Sewer Public Sewer
Water Public
Structure Type Stucco
New Construction true
Construction Status Inspections
Others
Pets Allowed Yes
Senior Community No
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition None
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Bought with ROBERT SLACK LLC