Investment Potential for 31618 Elkridge Dr

The property has a current estimated value of $229,476, which is 19% below the neighborhood median, based on public records. It last sold on December 30, 2021 for $30K. Projected long-term

is $31,200 annually ($2,600 per month) with a 93% occupancy rate.

Property Appreciation
property appreciation
This appreciation forecast is based on proprietary algorithms utilizing publicly available historical market data. Appreciated property values are inherently uncertain and actual appreciation of a property can differ materially for a wide variety of reasons. Learn More.

Last Sale Amount

$30,000

Sold December 30, 2021

Est. Current Value
property value
This property valuation is based on proprietary algorithms utilizing publicly available market data. Whitepages’ Property Value is NOT an appraisal and should not be used in place of one. Learn More.

$229K

($218K - $240K)

19% below neighborhood median

Discover more Single Family Homes in Mount Plymouth.

See Recommended Properties

Long-Term
Rental Income
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Gross Rental

$31,200 per year($2,600 per month)

$*****View Operating Expenses

Net Operating Income

$*****View Net Operating Income

Cap Rate

****%View Cap Rate

Occupancy Rate

93%in 32776 zip code

View Rental Potential

Owners & Occupancy for 31618 Elkridge Dr

No contact information is available.

Occupancy

******

View Occupancy

Appreciation Since Purchased

$199,476

Purchased December 30, 2021

Occupancy

Current Occupancy

******View Occupancy

Property Details for 31618 Elkridge Dr

Estimated Mortgage Balance

$********

View Mortgage Info

Estimated Equity

$*****

View Equity

Property Age

3 years

40 years newer than neighborhood median

Property Details

Property Sq Ft

Living Area

1,582 sq ft

22% above market

Lot Size

10,875 sq ft

17% below market

Price Per Sq Ft

Living Area

$145 / sq ft

35% below market

Lot Size Area

$21 / sq ft

12% below market

Property Information

Property condition, age, exterior, etc. for 31618 Elkr…

Land & Location Information

Longitude: -81.528499 Latitude: 28.809682 Parcel Number (APN): 28-19-28-0100-005-06100…

Mortgage & Equity Information

Mortgage originated on through lender: UNKNOWN for$******View Mortgage Details

Recommended Properties in Mount Plymouth

Discover more single family homes near 31618 Elkridge Dr in Sorrento, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Owned for 10 - 15 Years
$378K - $402K
Est. Value
30742 Pga Dr, Sorrento, FL 32776
3 beds · 2 baths · 1,487 sq ft · Last Sold: $138,000 in 2014 · Built: 2003
Owned for 10 - 15 Years
$375K - $401K
Est. Value
26406 Whitemarsh St, Sorrento, FL 32776
3 beds · 2 baths · 2,380 sq ft · Last Sold: $169,000 in 2012 · Built: 2007
Owned for 5 - 10 Years
$326K - $356K
Est. Value
26101 Sackamaxon Dr, Sorrento, FL 32776
3 beds · 1 baths · 1,508 sq ft · Last Sold: $120,000 in 2019 · Built: 1966
Owned for 15 - 25 Years
$255K - $281K
Est. Value
25146 State Road 46, Sorrento, FL 32776
3 beds · 2 baths · 1,062 sq ft · Last Sold: $25,000 in 2009 · Built: 1986
Valued above Market Median
$395K - $437K
Est. Value
30425 Jubilee Way, Sorrento, FL 32776
3 beds · 2 baths · 2,452 sq ft · Last Sold: $192,700 in 2009 · Built: 2004
Owned for 10 - 15 Years
$344K - $388K
Est. Value
25630 Creston Ave, Sorrento, FL 32776
3 beds · 1 baths · 1,684 sq ft · Last Sold: $108,000 in 2013 · Built: 1900
Valued above Market Median
$320K - $341K
Est. Value
25237 Glen Eagles St, Sorrento, FL 32776
3 beds · 2 baths · 1,672 sq ft · Last Sold: $156,300 in 2005 · Built: 1990
Owner Age 65 - 75
$275K - $306K
Est. Value
30950 Teho St, Sorrento, FL 32776
3 beds · 2 baths · 1,350 sq ft · Built: 1988
Owner Age 65 - 75
$322K - $357K
Est. Value
26037 Troon Ave, Sorrento, FL 32776
3 beds · 2 baths · 1,497 sq ft · Last Sold: $168,000 in 2015 · Built: 1994
Large Lot Advantage
$348K - $377K
Est. Value
31250 Deal Dr, Sorrento, FL 32776
3 beds · 2 baths · 1,980 sq ft · Last Sold: $385,000 in 2024 · Built: 2007
Owned for 15 - 25 Years
$355K - $396K
Est. Value
25215 Chipshot Ct, Sorrento, FL 32776
3 beds · 2 baths · 1,900 sq ft · Last Sold: $144,900 in 2009 · Built: 2006
Owned for Less Than 5 Years
$287K - $317K
Est. Value
25117 Niblic St, Sorrento, FL 32776
3 beds · 2 baths · 1,309 sq ft · Last Sold: $264,900 in 2023 · Built: 1980
Valued below Market Median
$204K - $226K
Est. Value
31851 Tollgate Trl, Sorrento, FL 32776
3 beds · 2 baths · 960 sq ft · Last Sold: $175,000 in 2021 · Built: 2001
High Demand Long-Term Rental
$237K - $267K
Est. Value
30935 Lochmore Cir, Sorrento, FL 32776
3 beds · 2 baths · 1,189 sq ft · Last Sold: $189,900 in 2018 · Built: 1988
Owned for 25 - 50 Years
$276K - $310K
Est. Value
31108 Oakmont Ave, Sorrento, FL 32776
3 beds · 2 baths · 1,089 sq ft · Last Sold: $67,000 in 1994 · Built: 1984
Owner Age Above 75
$328K - $368K
Est. Value
25911 N Berwick St, Sorrento, FL 32776
3 beds · 2 baths · 1,654 sq ft · Last Sold: $167,900 in 2005 · Built: 1989
Owner Age 65 - 75
$318K - $351K
Est. Value
25823 Merion Cricket Ave, Sorrento, FL 32776
3 beds · 2 baths · 1,255 sq ft · Last Sold: $11,000 in 2000 · Built: 2002
Valued above Market Median
$311K - $341K
Est. Value
31106 Westward Ho Ave, Sorrento, FL 32776
3 beds · 2 baths · 1,325 sq ft · Built: 1987
High Demand Long-Term Rental
$252K - $273K
Est. Value
31209 Lochmore Cir, Sorrento, FL 32776
3 beds · 2 baths · 1,113 sq ft · Last Sold: $130,000 in 2020 · Built: 1981
Owned for Less Than 5 Years
$225K - $243K
Est. Value
30817 Sunningdale St, Sorrento, FL 32776
3 beds · 2 baths · 1,192 sq ft · Last Sold: $290,000 in 2023 · Built: 2017

Market Benchmarks

Compare data for 31618 Elkridge Dr in Lake County to the median in the neighborhood area and surrounding markets, where available.

View neighborhood benchmarks

Property

Neighborhood

Difference

State

Difference

$229,476

$281,873

-$52,397 (-19%)

$349,875

-$120,399 (-34%)

—

YoY Price Change

****%

1.8%

256%

Year Built

2022

1982

40 years

1990

32 years

Living Space

1,582 sq ft

1,293 sq ft

289 (22%)

1,630 sq ft

-48 (-3%)

$ Per Living Sq Ft

$145

$222

-$77 (-35%)

$213

-$68 (-32%)

Lot Size

10,875 sq ft

13,125 sq ft

-2250 (-17%)

9,599 sq ft

1276 (13%)

$ Per Lot Sq Ft

$21

$24

-$3 (-12%)

$38

-$16 (-44%)

Long-Term Rental
rental income
This estimate is computed using a proprietary model. It is a starting point in determining the potential rental income for a property. Learn More.

Net Operating Income

$*****

$*** (****%)

$19,792

$1,309 (7%)

Annual Revenue

$31,200

$28,800

$2,400 (8%)

$29,400

$1,800 (6%)

$*****

$****

$**** (****%)

$9,768

$331 (3%)

Net Operating Income

$*****

$*** (****%)

$19,792

$1,309 (7%)

Cap Rate

****%

—

5.75%

—

View Neighborhood Data

Home Value Comparison

Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

Property Type	Single Family Home
Total Bedrooms	3
Total Bathrooms	2
Year Built	2022
Building Sq Ft	1,582 sq ft
Lot Size	0 Acres
Living Space	1,582 sq ft
Heating / Fuel	Forced Air
Roof Covering	Asphalt Shingle

Loan Amount	$******
Origination Date	September 01, 2022
Interest Rate	****%
Term	30 Years
Rate Type	Fixed
Est Balance	$********
Due Date	******************
Equity	View Equity

APN	28-19-28-0100-005-06100
Census Tract	0309162018
Municipality	County District6
County	Lake
Subdivision	Mount Plymouth
Zoning	R6
Neighborhood	Mount Plymouth
Longitude / Latitude	-81.528499 / 28.809682
Lot Size	10,875 sq ft

31618 Elkridge Dr Sorrento, FL 32776

property value

$229,476

neighborhood valuation

$281,873

market valuation

$337,243

investment intelligence

Investment Potential for 31618 Elkridge Dr

rental income

property appreciation

Last Sale Amount

$30,000

property value

$229K

($218K - $240K)

rental income

operating expenses

Owners & Occupancy for 31618 Elkridge Dr

Occupancy

Appreciation Since Purchased

$199,476

Occupancy

Property Details for 31618 Elkridge Dr

Estimated Mortgage Balance

Estimated Equity

$*****

Property Age

3 years

Property Details

Property Sq Ft

Living Area

Lot Size

Price Per Sq Ft

Living Area

Lot Size Area

Property Information

Land & Location Information

Mortgage & Equity Information

Recommended Properties in Mount Plymouth

$378K - $402K

Est. Value

30742 Pga Dr, Sorrento, FL 32776

3 beds · 2 baths · 1,487 sq ft · Last Sold: $138,000 in 2014 · Built: 2003

$375K - $401K

Est. Value

26406 Whitemarsh St, Sorrento, FL 32776

3 beds · 2 baths · 2,380 sq ft · Last Sold: $169,000 in 2012 · Built: 2007

$326K - $356K

Est. Value

26101 Sackamaxon Dr, Sorrento, FL 32776

3 beds · 1 baths · 1,508 sq ft · Last Sold: $120,000 in 2019 · Built: 1966

$255K - $281K

Est. Value

25146 State Road 46, Sorrento, FL 32776

3 beds · 2 baths · 1,062 sq ft · Last Sold: $25,000 in 2009 · Built: 1986

$395K - $437K

Est. Value

30425 Jubilee Way, Sorrento, FL 32776

3 beds · 2 baths · 2,452 sq ft · Last Sold: $192,700 in 2009 · Built: 2004

$344K - $388K

Est. Value

25630 Creston Ave, Sorrento, FL 32776

3 beds · 1 baths · 1,684 sq ft · Last Sold: $108,000 in 2013 · Built: 1900

$320K - $341K

Est. Value

25237 Glen Eagles St, Sorrento, FL 32776

3 beds · 2 baths · 1,672 sq ft · Last Sold: $156,300 in 2005 · Built: 1990

$275K - $306K

Est. Value

30950 Teho St, Sorrento, FL 32776

3 beds · 2 baths · 1,350 sq ft · Built: 1988

$322K - $357K

Est. Value

26037 Troon Ave, Sorrento, FL 32776

3 beds · 2 baths · 1,497 sq ft · Last Sold: $168,000 in 2015 · Built: 1994

$348K - $377K

Est. Value

31250 Deal Dr, Sorrento, FL 32776

3 beds · 2 baths · 1,980 sq ft · Last Sold: $385,000 in 2024 · Built: 2007