R
Seller's Agent in 2024
Robert Doyle
DOYLE PROPERTIES INC
(386) 717-1068
1 in this area
3 Total Sales
102 Cascade St Deltona, FL 32725
Estimated Value: $613,000 - $886,000
11
Beds
8
Baths
8,147
Sq Ft
$94/Sq Ft
Est. Value
Highlights
- 0.75 Acre Lot
- No HOA
- Central Air
- Bonus Room
- Sliding Doors
- Ceiling Fan
About This Home
As of April 2024Introducing a rare gem in the real estate market - a collection of four detached single-family residences on a 3/4-acre site, boasting frontage on three streets. With a total of approximately 8,147 square feet of living area, this property offers a unique blend of space, privacy, and convenience. The property features three, 3 bedroom, 2 bath and one, 2 bedroom, 2 bath homes. Each home has been updated featuring, newer kitchens, bathrooms, and floor coverings. Attention to detail is evident, with short-lived items promptly replaced and nominal deferred maintenance across all units. Currently, three of the residences are occupied, while one has been freshly renovated and is slated to be leased. With rents considered below market, there is opportunity to increase the rental income upon the respective lease expirations. Each of the homes have wooden decks that are undergoing renovation at the present time. Positioned at a price point that promises a high cap rate and a low gross rent multiplier compared to similar properties in the area, this offering presents an enticing opportunity for astute investors seeking a reliable income stream with significant potential for growth. Don't miss out on this exceptional investment opportunity with the promise of substantial returns. Each of the homes are separately metered for utilities.
Last Agent to Sell the Property
DOYLE PROPERTIES INC Brokerage Phone: 386-738-0577 License #409731 Listed on: 04/05/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,290
Year Built
- Built in 1981
Lot Details
- 0.75 Acre Lot
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
- Block Exterior
Interior Spaces
- 8,147 Sq Ft Home
- Ceiling Fan
- Sliding Doors
- Bonus Room
- Laundry in unit
Bedrooms and Bathrooms
- 11 Bedrooms
- Split Bedroom Floorplan
- 8 Bathrooms
Utilities
- Central Air
- Heating Available
- Thermostat
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tenant pays for sewer, trash collection, water
- Legal Lot and Block 1 / 1010
- Assessor Parcel Number 803605060010
Community Details
Overview
- No Home Owners Association
- 4 Units
- 8,147 Sq Ft Building
- Deltona Lakes Unit 29 & 37 Rep Subdivision
Building Details
- Gross Income $87,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 5, 2024
Closed on
Apr 30, 2024
Sold by
Hanson Anne J and Kafka Thomas
Bought by
Lease and Lease Let
Seller's Agent
Robert Doyle
DOYLE PROPERTIES INC
Buyer's Agent
Mike Giorgio
PREFERRED REAL ESTATE BROKERS
List Price
$900,000
Sold Price
$860,000
Premium/Discount to List
-$40,000
-4.44%
Views
20
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$97,505
Avg. Annual Appreciation
-6.23%
Purchase Details
Closed on
Aug 19, 2016
Sold by
Deltora Commercial Park Llc
Bought by
Kafka Thomas and Hanson Anne J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
3.42%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 12, 2002
Sold by
Lopez Jose A and Lopez Maria
Bought by
Spognardi Michael
Purchase Details
Closed on
Jun 30, 1998
Sold by
Regions Bk
Bought by
Lasalle Miguel A and Lasalle Maritza
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.02%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 22, 1996
Sold by
Nutt Ronald D and Nutt Musette R
Bought by
1St Mercantile Natl Bk
Purchase Details
Closed on
Feb 15, 1982
Bought by
Deltona Commercial Park Ii Llc
Purchase Details
Closed on
Jun 15, 1980
Bought by
Deltona Commercial Park Ii Llc
Purchase Details
Closed on
Mar 15, 1974
Bought by
Deltona Commercial Park Ii Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lease | $860,000 | Reliant Title Group | |
| Lease | $860,000 | Reliant Title Group | |
| Lease | $860,000 | Reliant Title Group | |
| Lease | $860,000 | Reliant Title Group | |
| Kafka Thomas | $380,000 | Saint Lawrence Title Inc | |
| Kafka Thomas | $380,000 | Saint Lawrence Title Inc | |
| Spognardi Michael | $390,000 | -- | |
| Spognardi Michael | $390,000 | -- | |
| Lasalle Miguel A | $228,000 | -- | |
| Lasalle Miguel A | $228,000 | -- | |
| 1St Mercantile Natl Bk | $295,000 | -- | |
| 1St Mercantile Natl Bk | $295,000 | -- | |
| Deltona Commercial Park Ii Llc | $12,700 | -- | |
| Deltona Commercial Park Ii Llc | $12,700 | -- | |
| Deltona Commercial Park Ii Llc | $28,000 | -- | |
| Deltona Commercial Park Ii Llc | $28,000 | -- | |
| Deltona Commercial Park Ii Llc | $9,200 | -- | |
| Deltona Commercial Park Ii Llc | $9,200 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kafka Thomas | $285,000 | |
| Previous Owner | Lasalle Miguel A | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/30/2024 04/30/24 | Sold | $860,000 | -4.4% | $106 / Sq Ft |
| 04/08/2024 04/08/24 | Pending | -- | -- | -- |
| 04/05/2024 04/05/24 | For Sale | $900,000 | -- | $110 / Sq Ft |
Source: Stellar MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $15,686 | $739,866 | $98,565 | $641,301 |
| 2025 | $15,686 | $739,866 | $98,565 | $641,301 |
| 2024 | $9,290 | $509,845 | $65,710 | $444,135 |
| 2023 | $9,290 | $407,394 | $44,354 | $363,040 |
| 2022 | $8,756 | $370,874 | $42,712 | $328,162 |
| 2021 | $8,552 | $334,525 | $42,712 | $291,813 |
| 2020 | $8,645 | $337,859 | $42,712 | $295,147 |
| 2019 | $8,977 | $337,860 | $42,712 | $295,148 |
| 2018 | $8,876 | $328,407 | $42,712 | $285,695 |
| 2017 | $8,611 | $324,069 | $42,712 | $281,357 |
| 2016 | $5,679 | $205,176 | $0 | $0 |
| 2015 | $5,478 | $191,111 | $0 | $0 |
| 2014 | $5,175 | $177,049 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Doyle
-
Mike Giorgio
M
Buyer's Agent in 2024
Mike Giorgio
PREFERRED REAL ESTATE BROKERS
(407) 443-5174
1 in this area
14 Total Sales
Map
Source: Stellar MLS
MLS Number: V4935558
APN: 8036-05-06-0010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 121 Caribbean St Unit 140
- 339 Colomba Rd
- 541 Belltower Ave
- 541 Belltower Ave Unit 390
- 715 Jena Dr
- 324 Alemander Ave
- 309 Riviera Dr
- 276 Deleon Rd
- 272 Deleon Rd
- 335 Debary Ave
- 292 E Constance Rd
- 115 Juan Rd
- 912 N Fairbairn Dr
- 353 Lake Crescent Dr
- 350 Lake Crescent Dr
- 932 N Fairbairn Dr
- 286 Valencia Rd
- 276 Debary Dr
- 0 Anderson Dr Unit MFRO6356382
- 0 Anderson Dr Unit MFRV4945809
- 102 Cascade St Unit B
- 101 Landmark St Unit B
- 101 Landmark St Unit A
- 101 Landmark St
- 111 Landmark St
- 101 Street
- 122 Cascade St
- 112 Cascade St
- 112 Cascade St Unit B
- 123 Cascade St
- 111 Cascade St
- 121 Landmark St
- 121 Cascade St Unit B
- 667 Deltona Blvd Unit 102
- 667 Deltona Blvd Unit 101
- 667 Deltona Blvd Unit 100
- 671 Deltona Blvd
- 112 Landmark St
- 660 Deltona Blvd
- 122 Landmark St Unit B
Your Personal Tour Guide
Ask me questions while you tour the home.