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329 SEMINOLA BLVD
CASSELBERRY, FL 32707-3051
Asking Price
$1.40M
Cap Rate
5.26%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
Rare 0.81-Acre Lakefront Residential Income Opportunity on Lake Kathryn <h2><span style="color: rgba(34, 34, 34, 1)">Property Overview</span></h2><p><span style="color: rgba(34, 34, 34, 1)">The property consists of a beautifully renovated 3-bedroom, 2-bathroom lakefront residence situated on approximately 0.81 acres overlooking Lake Kathryn, a 74-acre skiable lake in Casselberry.</span></p><p><span style="color: rgba(34, 34, 34, 1)">The main residence underwent an extensive renovation in 2023 (roof replacement date still being verified, but is either 2023 or 2024),
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NOI
$80,000
Cap Rate
5.73%
DSCR
0.97
Underwater
Cash-on-Cash
-0.67%
Monthly Payment
$6,901.699
Annual Cash Flow
$-2,820.386