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Sold over 1 year ago

$160,000

3 bd 2 ba 1273 sqft

4194 Ridge Haven Rd, Tallahassee, FL 32305

Residential SFR Occupied Off MLS

Current Rent **

N/A

Projected Rent **

$1,500

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

{TALLAHASSEE} 3/2 INVESTMENT OPPORTUNITY

QUICK FLIP or GREAT RENTAL!

10 min from FSU; 5 min from FSMU

Built in 2006
Original Roof
HVAC is 2019
Public water & sewer
HOA: $9/month

Close of Escrow: on or before 12/01/2023. Property will be delivered vacant at closing.

Asking price: $160,000

ARV opinion: $245,000

Rent opinion: $1,500/mo

- Cash or hard money only

- Non-refundable EMD: $5,000

- All closing costs, title fees, transfer taxes, and other title costs are to be paid in full by the Buyer.

- Buyers should conduct their own due diligence and not rely solely on our information or estimates.

Sold comps:

Not fully remodeled 3/2 - 8/31/2023 - sold $240,000 4243 Weatherby Ct, Tallahassee, FL 32305

AS-IS 3/2 - 3/10/2023 - sold $250,000 360 Chastain Ln, Tallahassee, FL 32305

AS-IS 3/2 - 03/29/2023 - sold $180,000 4214 Ridge Haven Rd, Tallahassee, FL 32305

Location:

4194 Ridge Haven Rd, Tallahassee, FL 32305

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.