Great Flip or Rental w/ Equity

Lake County, Mount Dora, FL, 32757
Sold
Listed at: February 2nd, 2024
Price
$180,000
ARV
$255,000
Gross Margin
$75,000
Sq. Footage
840
Type
Single-Family
Parking
Carport
Year build
1971
Lot size
0.21 acres
Bedrooms
2
Bathrooms
2
Half Bathrooms
0
Summary

We have a direct contract with the seller and a NOI has been recorded against the title for this property. Contacting the seller directly will not result in you obtaining a purchase contract.

Investor Price $180,000

Retail Value ...$255,000

Gross Margin $..75,000


Estimated Value

  • Estimated Value High: $265,000
  • Estimated Value Low: $250,000
  • Est. Rent Per Month: $2,000

Property Details

  • Rehab Level: Light - Moderate
  • Construction: Block on slab
  • Electrical Panel: Good Condition
  • Air Conditioner: Fair Condition
  • Water Heater: Good Condition
  • Roof: 2008
  • Occupancy: Vacant at closing

Comps

  • 4254 Melanie Lane - 3 / 2 / 1,240 sqft - SOLD $260,000
  • 1345 Palm Drive - 2 / 2 / 925 sqft - SOLD $255,000
  • 4025 Poinsetta Ave - 3 / 2 / 1,103 sqft - Pending $265,000

*Do not disturb occupants or walk on property. Trespassing is a criminal offense.

***DO NOT re-market this property under any circumstance without consent. Tru REI LLC is a principle in all assets that we market for sale and will vigorously defend our position in a court of law.*** All information and estimates are provided as a courtesy and should be confirmed by the Buyer. Tru REI and its associates are not liable for the accuracy of the information.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Brittaney Perez

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Disposition manager