8702 NW 38th Dr

    Coral Springs, FL 33065
    • $2,100,000
    • STATUS: Closed
    • ON SITE: 200 days
    • MLS #: F10173991
    Sold - 10/04/2019
    $2,100,000
    SOLD - 10/04/2019
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,900
      SQFT
    • $304
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1986
    County:
    Area:

    School Ratings & Info

    Description

    This is a rare find, cash cow. Cap Rate 9.4. Property is being leased for 4 years to the same tenant and has remaining 4 year lease with option to renew. One tenant paying $15,834. per month. Property is in excellent condition. Pictures in the MLS are only 3 weeks old. Fully redone in 2015 and tenants keep it beautifully. Gross of $190,008. Tax, Insurance and Land Scape $17,981. With a Net of about $165,128.00.

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    Listing information © 2019 Greater Fort Lauderdale REALTORS®, Inc. IDX 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Castelli Real Estate Services. Data last updated: 2019-11-17T12:17:57.317.

    www.castellihomes.com/homes/94223396

    8702 NW 38th Dr Coral Springs, FL 33065

    • Price: $2,100,000
    • Status: Closed
    • Updated: 57 min ago
    • MLS #: F10173991
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    6,900
    SQFT
    $304
    $/SQFT
    1986
    Built
    Neighborhood:
    Village Green
    County:
    Broward
    Area:
    3626
    Property Description
    This is a rare find, cash cow. Cap Rate 9.4. Property is being leased for 4 years to the same tenant and has remaining 4 year lease with option to renew. One tenant paying $15,834. per month. Property is in excellent condition. Pictures in the MLS are only 3 weeks old. Fully redone in 2015 and tenants keep it beautifully. Gross of $190,008. Tax, Insurance and Land Scape $17,981. With a Net of about $165,128.00.
    Exterior Features

    Construction Type Concrete Block Construction Exterior Features Balconies Lot Description 1/4 To Less Than 1/2 Acre Lot Parking Spaces 14 Pool No Property Type Information Detached Roof Description Barrel Roof Style Fourplex Type Of Property Fourplex Water Access None Waterfront Description Pond Front Waterfront Frontage 40 Waterfront Property YN Yes Windows Treatment Blinds/Shades

    Interior Features

    Cooling Description Ceiling FansCentral Cooling Floor Description Ceramic Floor Heating Description Central HeatElectric Heat

    Property Features

    Association Fee Paid Per None Association Type None Assumable No Cable Available Yes Development Name Coral Spring Village Geographic Area North Broward 441 To Everglades (3611-3642) Information Available Deposit - SecurityEquipment ListsInvestment AnalysisRent Rolls Occupancy Information Tenant Occupied Possession Information Funding Rent Includes None REO No Sewer Description Municipal Sewer Short Sale No Special Information As IsCorporation Owned PropertyDocuments Available Subdivision Name Village Green Tax Amount 11973 Tax Information Tax Reflects No Exemptions Tax Year 2018 Terms Considered CashConventionalExchange Total Units 6 Unit Count 1 Year Built Description Resale Zoning Information Rm-20

    This listing is courtesy of Real Estate Consultants Of Bro.


    Listing information © 2019 Greater Fort Lauderdale REALTORS®, Inc. IDX 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. IDX data is deemed reliable but is not guaranteed accurate by the MLS or Castelli Real Estate Services. Data last updated: 2019-11-17T12:17:57.317.

     
    Castelli Real Estate Services
    2227 Wilton Drive
    Fort Lauderdale FL, 33305