Neighborhood
1264 NW 85th Ter, Coral Springs, FL 33071
3 beds · 2 baths · 1,705 sq ft · Lot: 11,210 sq ft · Single Family Home · Last Sold: $135K in 1994 · Built: 1976
Est. Value:
$495K
Est. Rent:
$3.4K/month

1264 NW 85th Ter Coral Springs, FL 33071

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3 beds · 2 baths · 1,705 sq ft · Lot Size: 11,210 sq ft · Single Family Home · Ramblewood South
Est. Property Value: $494,705

High Demand Long-Term RentalLarge Lot AdvantageOwned for 25 - 50 YearsOwner Age 65 - 75

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

1264 NW 85th Ter is in the Ramblewood South neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33071. This Single Family Home was built in 1976 and is approximately 49 years old. The single family home spans 1705 sq ft with 3 bedrooms and 2 bathrooms and sits on a 11210 sq ft lot. According to public records, it was last sold in 1994 for $135,000 and has a tax-assessed value of $470,050, which is $290 per sq ft. The Ramblewood South area of Coral Springs has 335 residential homes with an average size of 1798 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1264 NW 85th Ter Coral Springs, FL 33071 with Property Intel by Whitepages.

Investment Potential for 1264 NW 85th Ter

The property has a current estimated value of $494,705, which is 9% below the neighborhood median, based on public records. It last sold on November 30, 1994 for $135K. Projected long-term
is $40,800 annually ($3,400 per month) with a 95% occupancy rate.

Discover more Single Family Homes in Ramblewood South.
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Long-Term

Gross Rental
$40,800 per year($3,400 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
95%in 33071 zip code
 
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Owners & Occupancy for 1264 NW 85th Ter

This property is owned by Victoria S Burnham. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

OccupationRegistered Nurse Case Manager, Nursing Concepts
Cell Phone(954) ***-****View Cell Phone
Residence*****************
Landline(954) 341-3043
Distance from Property**********
Email Address********@nursingconcepts.netView Email
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Property Ownership Information

Purchase DateNovember 30, 1994
Property Tax Amount$4,045 in 2023
Purchase Price$135,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1******************** age 66
Resident 2****************** age 71

Property Details for 1264 NW 85th Ter

Property Details

Property Sq Ft

Living Area

1,705 sq ft

5% below market

Lot Size

11,210 sq ft

13% above market

Price Per Sq Ft

Living Area

$290 / sq ft

4% below market

Lot Size Area

$44 / sq ft

24% below market

Property condition, age, exterior, etc. for 1264 NW 85…
Longitude: -80.239196 Latitude: 26.246456 Parcel Number (APN): 48-41-27-03-2040…
Mortgage originated on through lender: Addison Mtg Grp for$******View Mortgage Details
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Recommended Properties in Ramblewood South

Discover more single family homes near 1264 NW 85th Ter 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 1264 NW 85th Ter in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$494,705
$352,849
$141,855 (40%)
$******
$469,783
$165,685 (35%)
YoY Price Change
****%
1.8%
-317%
Year Built
1976
1990
-14 years
Living Space
1,705 sq ft
1,630 sq ft
75 (5%)
$ Per Living Sq Ft
$290
$217
$73 (34%)
Lot Size
11,210 sq ft
9,599 sq ft
1611 (17%)
$ Per Lot Sq Ft
$44
$40
$4 (9%)

Net Operating Income
$*****
$19,987
$7,708 (39%)
Annual Revenue
$40,800
$29,400
$11,400 (39%)
$*****
$9,588
$3,517 (37%)
Net Operating Income
$*****
$19,987
$7,708 (39%)
Cap Rate
****%
5.67%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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