Hope Dr., Deltona, FL 32738

REDUCED!

NOW $89,900
WAS $93,000

Currently, this is the cheapest active in all of Deltona, and the cheapest 3 bedroom by over 20k.  This property has a lot of upsides.

The kitchen and a/c are in good shape.  Roof looks to have 6 to 7 years left on it.  All you really need is some basic cosmetic updates including flooring, paint in and out, some outdoor siding, 10 windows, landscaping and some minor bathroom updates.

All of the comps used were either 2/1 or 3/1, and all smaller.  We put the value at $140,000 to $150,000, but I think that is probably on the conservative end.

As a cash flow, you should be able to get $1,100/mo.

Deltona Lakes, No HOA

Est. Rehab: $20,000 – $25,000

Est. Monthly Rent: $1,100

Est. ARV: $150,000 +/-

Recent Area Sales / Activity:

  • 2474 Alamanda Ave – 3/1, 924 SF – Pending at $122k
  • 2437 Alamanda Ave – 3/1, 924 SF – Pending at $123k
  • 2453 Hope Ave – 3/1, 924 SF – Sold 8/14/18 for $118,450 ($128.19 PSF)
  • 2461 Alamanda Ave – 2/1.5, 824 SF – Sold 12/18/18 for $125k ($151.70 PSF)
  • 2802 Fulford St – 2/1.5, 902 SF – Sold 10/9/18 for $125k ($138.58 PSF)
  • Address: Hope Dr., Deltona, FL 32738 
  • Price: NOW $89,900 
  • Availability: Sold 
  • Listing Type: Single Family 
  • Bedrooms:
  • Bathrooms:
  • Total Square Feet: 1152 
  • Construction Type: Frame 
  • Year Built: 1975 

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