tomo logo

$614,900

Beds
7
Baths
4.0
sq ft
2,880

30 Banyan Crse, Ocala, FL 34472

30 Banyan Crse

OCALA, FL 34472

  • 183 days on market
    • Price drop $15,000↓
Multi-Family Residence Investment Opportunity! Discover this lucrative property featuring a duplex built in 2005, each unit boasting a comfortable 2 bedrooms and 1 bathroom. Additionally, a modern single-family residence constructed in 2019 with 3 bedrooms and 2 bathrooms adds to the appeal. The entire property is fully occupied, generating nearly $4,000/month in rental income. Enjoy the convenience of tile flooring throughout every unit, eliminating the hassle of carpet maintenance. Each unit is individually metered, and the property operates on a private well and septic system. Sitting on an almost half-acre lot, there’s potential to further capitalize on the space by building another single-family residence. Ideal Location! This multi-family residence is strategically situated within a 20-mile radius of The Villages and the World Equestrian Center. Enjoy the convenience of easy access to these prominent destinations, adding an extra layer of appeal to this already lucrative investment. Explore the perfect blend of residential comfort and proximity to convenience. This investment opportunity extends beyond rental income – envision house hacking possibilities. Occupy one unit and rent out the other two, significantly offsetting your mortgage expenses. Seize the opportunity to witness its potential firsthand.

Details

Property type

Single Family Residence

Est. home value

$233,751

Lot size

0.46 acres

Price per sq ft

$214

Year built

2019

Annual property taxes

$5,300

Price History

03/21/2024
StellarMLS

StellarMLS #G5077739

Price change
$614,900
-2.38%
01/25/2024
StellarMLS

StellarMLS #G5077739

Listed
$629,900
+496.49%
05/02/2017
StellarMLS

StellarMLS #OM516695

Sold
$105,601
-18.77%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$469,192
Asking price
$614,900
Closing costs (~8% of asking)
-$49,192
Est. remaining loan balance
-$96,516
Cash to seller
$469,192

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

September 2021

Original loan amount

$103,000

Est. remaining balance

$96,516

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Bianca Fonseca and William Combers

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/26/2024 at 9:20 AM

Listing updated: 05/24/2024 at 8:43 PM

Listed by: Carlos Fuentes, PA, NEXTHOME SALLY LOVE REAL ESTATE Phone #: (352) 399-2010

MLS: StellarMLS #G5077739

StellarMLS logo

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