1858 Norvell Ave
North Port, FL 34286
List Price
$314,900
Initial Investment
$85,810Purchase Price
$314,900
Down Payment
25%
Rent
$2,150
Total Return
$172,179
Annualized Return
23.9%
Cap Rate
4.9%
Gross Yield
8.2%
Cash Flow
-$2,672
Appreciation
9.9%
Reset to DefaultEdit Assumptions
Features
Occupancy
Unspecified
Lease Start
-
Lease End
-
Lot Size
10,000
HOA
None
Flood Risk
Not Required
Welcome to this beautifully maintained home, situated on a .23-acre lot with a fully fenced backyard, offering both privacy and space for outdoor enjoyment. The open floor plan creates a seamless flow throughout the home, making it perfect for entertaining. With a split-bedroom layout, the primary suite is tucked away on one side of the house for added privacy, while the other two bedrooms are located on the opposite side.
Relax and unwind in the additional living space provided by the screened lanai, ideal for enjoying Florida’s beautiful weather. The property also features a spacious 2-car garage, a brand-new HVAC system, and a new roof installed in 2022, giving you peace of mind for years to come.
Located in the desirable North Port area, this home offers comfort, style, and convenience—don’t miss out on this fantastic opportunity!
See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417
Annual Financial Highlights
Expected Rent
$24,510Expenses
-$4,363Property Taxes
-$5,700Loan Payments
-$17,120Net Cash Flow
-$2,672See more in Financials
Property Characteristics
Buyer's Agent
An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
- You can contact your Agent with questions even before making an offer.
- A professional home inspection will be conducted prior to closing. This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor. As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.
Property Management
Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.
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Listing Courtesy of:Eric Emmerling
Agent License 3549281
EXP REALTY LLC
Agent License 3549281
EXP REALTY LLC
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #C7499282
Last Updated: 10/22/2024 10:10
MLS #C7499282
Last Updated: 10/22/2024 10:10