tomo logo

$499,000

Beds
4
Baths
3.0
sq ft
2,216

318 Hobart Ave, Daytona Beach, FL 32114

318 Hobart Ave

DAYTONA BEACH, FL 32114

  • 181 days on market
CASH COW!! WOW 10.8% CAP RATE FULLY LEASED THIS IS A RARE FIND CASH OR HARD MONEY LOAN ONLY!! INVESTORS WELCOME TO PASSIVE INCOME! FRESH PAINT IN AND OUT, NEW ROOFS, NEW PLUMBING, NEW ELECTRICAL, NEW KITCHENS, NEW BATHROOMS, NEW TILES, NEW APPLIANCES, YOU NAME IT IS ALL NEW NEW NEW!!! THIS ONE WONT LAST LONG! MAIN HOUSE IS 2 BED 1 FULL BATH, BACK MASTER WITH FULL BATH RENTED SEPERATE IT HAS A PRIVATE ENTRANCE AND THE ATTACHED FULL KITCHEN AND FULL BATH STUDIO IS ALSO RENTED! DONT WAIT THIS IS A GREAT OPPORTUNITY TO OWN THIS INCOME PRODUCING PROPERTY JUST START COLLECTING NO DOWN TIME NO HASTLE!! CALL FOR MORE INFO TODAY!!!

Details

Property type

Single Family Residence

Est. home value

$376,316

Lot size

4,500 sq ft

Price per sq ft

$226

Year built

1926

Annual property taxes

$1,463.03

HOA

No

Price History

05/17/2024
StellarMLS

StellarMLS #O6206371

Listed
$499,000
+58.41%
10/31/2022
StellarMLS

StellarMLS #O6038017

Sold
$315,000
+150.6%
04/15/2022
Daytona

Daytona #1090321

Sold
$125,700
+109.5%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

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

Lender

Anna Kokoulin

Loan start date

August 2023

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Balloon

Seller

Florida Tnt Group Llc

Lender

Acs Investment Account Llc

Loan start date

October 2022

Original loan amount

$220,000

Est. remaining balance

Not provided

Interest rate

6.02%

Loan type

Balloon

Seller

Florida Tnt Group Llc

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: 11/14/2024 at 5:05 PM

Listing updated: 11/07/2024 at 9:00 AM

Listed by: Jonathan Paulino, LOKATION Phone #: (954) 545-5583

MLS: StellarMLS #O6206371

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Recently listed in DAYTONA BEACH