1618 Cypress Pointe Dr # 1618 Coral Springs, FL 33071

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3 beds · 2 baths · 1,926 sq ft · Lot Size: 110,604 sq ft · Residential Condominium · Cypress Run
Est. Property Value: $382,378

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1618 Cypress Pointe Dr # 1618 is in the Cypress Run neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33071. This Residential Condominium was built in 1982 and is approximately 43 years old. The residential condominium spans 1926 sq ft with 3 bedrooms and 2 bathrooms and sits on a 110604 sq ft lot. According to public records, it was last sold in 2018 for $229,900 and has a tax-assessed value of $299,540, which is $199 per sq ft. The Cypress Run area of Coral Springs has 387 residential homes with an average size of 1600 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1618 Cypress Pointe Dr # 1618 Coral Springs, FL 33071 with Property Intel by Whitepages.

Owners & Occupancy for 1618 Cypress Pointe Dr # 1618

This property is owned by Patricia Lovene Anglin. Owner contact information includes 3 phone numbers and 5 email addresses.

Property Owners

Cell Phone(954) ***-****View Cell Phone
Residence*****************
Landline(954) 791-6520
Distance from Property**********
Email Address*********@yahoo.comView Email

Occupancy

Current Occupancy******View Occupancy

Property Financials for 1618 Cypress Pointe Dr # 1618

1618 Cypress Pointe Dr # 1618, Coral Springs, FL has a mortgage from Florida Mtg Solutions Grp Inc (orig. May 04, 2018). The Broward county assessment for 2023 values it at $299,540, with annual taxes of $4,201.

Mortgage & Equity Information

Loan Amount$******
LenderFlorida Mtg Solutions Grp Inc
Origination DateMay 04, 2018
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateMay 23, 2018
Property Tax Amount$4,201 in 2023
Purchase Price$229,900
Assessed Value$299,540 on 2023

Investment Potential for 1618 Cypress Pointe Dr # 1618

The property has a current estimated value of $382,378, which is 13% above the neighborhood median, based on public records. It last sold on May 23, 2018 for $230K. Projected long-term
is $28,800 annually ($2,400 per month) with a 95% occupancy rate.

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Long-Term

Gross Rental
$28,800 per year($2,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 33071 zip code
 
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Property Details for 1618 Cypress Pointe Dr # 1618

Property Details

Property Sq Ft

Living Area

1,926 sq ft

20% above market

Lot Size

110,604 sq ft

10% below market

Price Per Sq Ft

Living Area

$199 / sq ft

0% above market

Lot Size Area

$3 / sq ft

19% above market

Property condition, age, exterior, etc. for 1618 Cypre…
Longitude: -80.270238 Latitude: 26.250748 Parcel Number (APN): 48-41-29-AA-0190…

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Discover more residential condominiums near 1618 Cypress Pointe Dr # 1618 in Coral Springs, Florida. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1618 Cypress Pointe Dr # 1618 in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$382,378
$351,348
$31,030 (9%)
$427,187
$165,618 (39%)
YoY Price Change
1.93%
-359%
Year Built
1982
1997
-15 years
Living Space
1,926 sq ft
1,548 sq ft
378 (24%)
$ Per Living Sq Ft
$199
$234
-$35 (-15%)
Lot Size
110,604 sq ft
7,362 sq ft
103242 (1402%)
$ Per Lot Sq Ft
$3
$45
-$42 (-92%)

Net Operating Income
$18,946
-$980 (-5%)
Annual Revenue
$28,800
$30,000
-$1,200 (-4%)
$10,950
-$116 (-1%)
Net Operating Income
$18,946
-$980 (-5%)
Cap Rate
5.65%
Home Value Comparison: Property vs. Local and Regional 3-Bed Residential Condominium Medians

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