Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more
3330 Bellericay Ln 
Land O Lakes, FL
34638
3 Beds 2 Baths 1,874 sqft
Built 2008
INVESTimate
$254,900
List Price
$73,299
REQUEST INFO
SCHEDULE APPOINTMENT
It's free, with no obligation
PROPERTY INFO
FACTS
- Built In 2008
- Price/Sqft : $136.02
- 2 Days on Market
- MLS # : T3260969
- Updated Date : 08/25/2020 at 20:21
CONSTRUCTION
- Beds : 3
- Floor Size : 1,874 sqft
- Baths : 2 full
Listing Agent
Future Home Realty Inc
Listing Agent's Description
AMAZING OPPORTUNITY to own this meticulously maintained SOLAR POWERED 3 bedroom/2 bath/2 car garage home on CONSERVATION LOT! As you enter the foyer, you will notice the gorgeous porcelain wood-grain plank tile, cathedral ceilings, plant shelves, and decorative arches, all of which provide a spacious feel in the formal areas. It is easy to enjoy this open and lovely floor plan which offers plenty of room for family and friends. The open concept kitchen features a breakfast nook, granite countertops, wood cabinets, and newer STAINLESS STEEL APPLIANCES. The SPACIOUS formal living and dining rooms boast vaulted ceilings and decorative arches, making for a seamless transition and ease of entertaining. A separate family room provides plenty of options and flexibility to utilize your creativity with the space. An abundance of windows coupled with the vaulted ceilings provides a great source of natural light. Relax in the homes Owners Suite featuring a walk-in closet, double vanity, large garden tub and stunning newly remodeled Travertine shower. Two additional great sized bedrooms and a guest bath that features a shower/tub combo ensure plenty of space for your family and overnight guests. Outside you’ll find a large open-air patio with beautiful views of the conservation and lots of room to make your backyard your own private oasis. Saving with Solar is easy, buyers to assume existing solar panel contract, warranty, and monthly payments. Don’t miss out on this MOVE-IN ready home! The owners have kept and maintained this home in excellent condition including a Trane A/C system (2017), newer plank tile through-out the entire home (no carpet!), impact-resistant slider, interior paint, newer toilets, granite countertops in kitchen, and much more! This home is minutes from shopping, dining, schools, and entertainment options, as well as, easy access to major roadways for commuting.
SEE MORE
- Headquarters to several Fortune 1000 companies: Publix Super Markets, Tech Data, Jabil Circuit, WellCare Health Plans, Raymond James Financial, Bloomin’ Brands, HSN, and TECO Energy (Fortune, 2018)
- #8 in America's Fastest Growing Cities (Forbes, 2018)
- Tampa metro employment growth is at 2.6% and predicted to grow at 2.1% in 2019 (USMayors.org, 2018)
- One of the best cost-friendly American cities to do business (KPMG)
- Tampa metro contributes to 15.4% of Florida state economy i.e. Gross State Product (USMayors.org, 2018)
- #2 in Homebuilding Prospects #10 in Overall Real Estate Prospects (Emerging Trends in Real Estate 2019, PWC)
- 2nd Best City for Young Entrepreneurs (Forbes)
- Florida state ranks 4th most favorable in the country in State Business Tax Climate Index (Tax Foundation, 2019). Tampa inherits the rank being part of Florida.
- Tampa's economy is worth over $156 billion in Gross Metro Product and projected to grow to $165 billion in 2019 (USMayors.org, 2018)
PRICE & RENT TRENDS
Neighborhood: Suncoast Pointe
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Neighborhood: Suncoast Pointe
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,570 |
| EXPENSES | Loan Payment | -$940 |
| Property Tax | -$362 | |
| Property Insurance | -$145 | |
| HOA | -$23 | |
| Property Management Fees | -$80 | |
|
CASH FLOW
$19
|
||
This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 13% of earned rent to cover both maintenance and periods of vacancy.
$254,900
PROJECTED PRICE
$1,570
PROJECTED RENT
0.62%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 4.27% |
| Appreciation Year (1-5) | 5.63% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 5.26% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$73,299
LOAN DETAILS
$940
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $63,725 |
| Loan Amount | $191,175 |
6.58
YEARS SAVED
$23,675
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,570
LIST RENT -
$0.84
LIST RENT PER SQFT
-
$1,691
COMP ESTIMATED VALUE -
$0.9
COMP AVG. RENT PER SQFT
Comps Range
-
3330 Bellericay Ln Land O Lakes, 1
- 3 beds 2 baths ∙ 1,874 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,874 Sqft ∙ Built 2008
![property image]()
- Rent
- Rent Per SQFT
- $1,570
- $0.84
-
17051 Lixberry Way Land O Lakes, 2
- 4 beds 3 baths ∙ 1,892 Sqft ∙ Built 2008 4 beds 3 baths ∙ 1,892 Sqft ∙ Built 2008
![property image]()
LEASED 01/31/20- Rent
- Rent Per SQFT
- $1,750
- $0.92
-
3143 Prairie Iris Dr Land O Lakes, 3
- 4 beds 3 baths ∙ 2,038 Sqft ∙ Built 2006 4 beds 3 baths ∙ 2,038 Sqft ∙ Built 2006
![property image]()
LEASED 04/12/20- Rent
- Rent Per SQFT
- $1,792
- $0.88
-
17010 Torvest Ct Land O Lakes, 4
- 4 beds 2 baths ∙ 2,010 Sqft ∙ Built 2006 4 beds 2 baths ∙ 2,010 Sqft ∙ Built 2006
![property image]()
LEASED 07/20/20- Rent
- Rent Per SQFT
- $1,795
- $0.89
-
3134 Shady Lily Ln Land O Lakes, 5
- 4 beds 2 baths ∙ 1,946 Sqft ∙ Built 2007 4 beds 2 baths ∙ 1,946 Sqft ∙ Built 2007
![property image]()
LEASED 03/20/20- Rent
- Rent Per SQFT
- $1,800
- $0.92
PROPERTY LISTING DETAILS
1.813.855.4982
Future Home Realty Inc
1.866.250.5610
RentVest Florida
CQ1057457
MLS #: T3260969
Last Updated: 08/25/2020
