26.27507 -80.24263

8702 NW 38th Dr Coral Springs, FL 33065

Charles Wobby
Charles Wobby
Associate
3908 N Ocean Blvd Fort Lauderdale FL 33308
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237998507 26.27507 -80.24263 3032 /listing/237998507-151164975/8702-nw-38th-dr-coral-springs-fl-33065 False 0 2100000.0 6900 103 F10173991 False
  • $2,100,000
  • 8702 NW 38th Dr Coral Springs, FL 33065
  • 6,900 sqft
  • Rental

Property & Neighborhood Info

Courtesy Of Real Estate Consultants of Bro

Residential Income in Coral Springs

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.

Courtesy Of Real Estate Consultants of Bro
  1. 6,900 Sq. Ft.

Main Features

  • Listing Status: For Sale Under Contract
  • Year Built: 1986
  • County: Broward
  • Taxes: $11,973.00
  • Tax Year: 2018
  • Units: 6
  • Zoning: RM-20
  • Subdivision: Village Green
  • MLS Number:F10173991

Additional Features

  • Cooling:
    • Ceiling Fans
    • Central Cooling
  • Flooring:
    • Ceramic Floor
  • Occupancy:
    • Tenant Occupied
  • Property Type:
    • Fourplex
  • Roof:
    • Barrel Roof
  • Windows:
    • Blinds/Shades
  • Exterior:
    • Balconies
  • Lot Description:
    • 1/4 To Less Than 1/2 Acre Lot
  • Water Frontage:
    • 40
  • Waterfront:
    • Pond Front
  • Pool:
    • N
  • Parking Spaces:
    • 14
  • Cable:
    • Y
  • Heating:
    • Central Heat
    • Electric Heat
  • Sewer:
    • Municipal Sewer
  • Water Access:
    • None
  • Foreclosed/Reo:
    • N
  • Legal Description:
    • CORAL SPRINGS VILLAGE GREEN 60-31 B LOT 2 BLK O
  • Net Operating Income:
    • 169777
  • Rent Includes:
    • None
  • Short Sale:
    • N
  • Tax Desc:
    • Tax Reflects No Exemptions
  • HOA:
    • None
  • HOA Terms:
    • None
  • Special Information:
    • As Is
    • Corporation Owned Property
    • Documents Available
  • Fax:
    • 9544200731
  • Possession:
    • Funding
  • SQFT Living Area:
    • 6900
Neighborhood info courtesy of Homes.com © 2019