Neighborhood
1377 NW 87th Ter, Coral Springs, FL 33071
4 beds · 2 baths · 2,191 sq ft · Lot: 10,437 sq ft · Single Family Home · Last Sold: $550K in 2023 · Built: 1975
Est. Value:
$643K
Est. Rent:
$4.3K/month

1377 NW 87th Ter Coral Springs, FL 33071

4 beds · 2 baths · 2,191 sq ft · Lot Size: 10,437 sq ft · Single Family Home · Ramblewood South
Est. Property Value: $642,697

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1377 NW 87th 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 1975 and is approximately 50 years old. The single family home spans 2191 sq ft with 4 bedrooms and 2 bathrooms and sits on a 10437 sq ft lot. According to public records, it was last sold in 2023 for $550,000. The Ramblewood South area of Coral Springs has 475 residential homes with an average size of 2171 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1377 NW 87th Ter Coral Springs, FL 33071 with Property Intel by Whitepages.

Investment Potential for 1377 NW 87th Ter

The property has a current estimated value of $642,697, which is 1% below the neighborhood median, based on public records. It last sold on December 12, 2023 for $550K. Projected long-term
is $51,600 annually ($4,300 per month) with a 95% occupancy rate.

Discover more Single Family Homes in Ramblewood South.

Long-Term

Gross Rental
$51,600 per year($4,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 33071 zip code
 
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Owners & Occupancy for 1377 NW 87th Ter

No contact information is available.

Occupancy

Resident 1********************* age 63

Property Details for 1377 NW 87th Ter

Property Details

Property Sq Ft

Living Area

2,191 sq ft

1% above market

Lot Size

10,437 sq ft

0% above market

Price Per Sq Ft

Living Area

$293 / sq ft

0% above market

Lot Size Area

$62 / sq ft

1% below market

Property condition, age, exterior, etc. for 1377 NW 87…
Longitude: -80.242554 Latitude: 26.247922 Parcel Number (APN): 48-41-27-02-3540…
Mortgage originated on through lender: United Wholesale Mtg for$******View Mortgage Details
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Discover more single family homes near 1377 NW 87th 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 1377 NW 87th Ter in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$642,697
$499,312
$143,385 (29%)
$701,364
$197,893 (28%)
YoY Price Change
1.63%
-278%
Year Built
1975
2001
-26 years
Living Space
2,191 sq ft
2,425 sq ft
-234 (-10%)
$ Per Living Sq Ft
$293
$216
$77 (36%)
Lot Size
10,437 sq ft
10,221 sq ft
216 (2%)
$ Per Lot Sq Ft
$62
$55
$7 (12%)

Net Operating Income
$21,413
$9,672 (45%)
Annual Revenue
$51,600
$31,800
$19,800 (62%)
$12,643
$7,872 (62%)
Net Operating Income
$21,413
$9,672 (45%)
Cap Rate
4.63%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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