622 NW 111th Way Coral Springs, FL 33071

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4 beds · 2 baths · 2,396 sq ft · Lot Size: 9,299 sq ft · Single Family Home · Cypress Glen
Est. Property Value: $781,704

Owned for Less Than 5 YearsOwner Age 45 - 55

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622 NW 111th Way is in the Cypress Glen neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33071. This Single Family Home was built in 1983 and is approximately 42 years old. The single family home spans 2396 sq ft with 4 bedrooms and 2 bathrooms and sits on a 9299 sq ft lot. According to public records, it was last sold in 2023 for $759,900 and has a tax-assessed value of $683,190, which is $326 per sq ft. The Cypress Glen area of Coral Springs has 561 residential homes with an average size of 2366 sq ft. Analyze and compare real estate investment strategies for properties like this home at 622 NW 111th Way Coral Springs, FL 33071 with Property Intel by Whitepages.

622 NW 111th Way

Coral Springs, FL 33071

Owner Info

Owners & Occupancy for 622 NW 111th Way

This property is owned by Jose O Garcia. Owner contact information includes 8 phone numbers and 5 email addresses.

Property Owners

Cell Phone(917) ***-****View Cell Phone
Residence*****************
Landline(732) 927-1789
Distance from Property**********
Email Address**************@gmail.comView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************
Resident 2***************** age 49
Resident 3************* age 49

Property Financials for 622 NW 111th Way

622 NW 111th Way, Coral Springs, FL has a mortgage from Flagstar Bk (orig. November 27, 2023). The Broward county assessment for 2023 values it at $683,190, with annual taxes of $8,377.

Mortgage & Equity Information

Loan Amount$******
LenderFlagstar Bk
Origination DateNovember 27, 2023
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity View Equity
View All Mortgage Info

Property Tax

Purchase DateNovember 22, 2023
Property Tax Amount$8,377 in 2023
Purchase Price$759,900
Assessed Value$683,190 on 2023

Investment Potential for 622 NW 111th Way

The property has a current estimated value of $781,704, which is 4% above the neighborhood median, based on public records. It last sold on November 22, 2023 for $760K. Projected long-term
is $42,000 annually ($3,500 per month) with a 95% occupancy rate.

Discover more Single Family Homes in Cypress Glen.
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Long-Term

Gross Rental
$42,000 per year($3,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
95%in 33071 zip code
 
View Rental Potential

Property Details for 622 NW 111th Way

Property Details

Property Sq Ft

Living Area

2,396 sq ft

1% above market

Lot Size

9,299 sq ft

13% below market

Price Per Sq Ft

Living Area

$326 / sq ft

3% above market

Lot Size Area

$84 / sq ft

20% above market

Property condition, age, exterior, etc. for 622 NW 111…
Longitude: -80.27529 Latitude: 26.238982 Parcel Number (APN): 48-41-32-01-2700…

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    10803 Cypress Glen Dr # 10803, Coral Springs, FL 33071

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    472 NW 107th Ave, Coral Springs, FL 33071

    4 beds · 2 baths · 2,596 sq ft · Last Sold: $280,000 in 2009 · Built: 1983

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    10721 NW 2nd Pl, Coral Springs, FL 33071

    3 beds · 2 baths · 1,658 sq ft · Last Sold: $365,000 in 2017 · Built: 1984

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    Est. Value

    10642 NW 6th Ct, Coral Springs, FL 33071

    3 beds · 2 baths · 2,011 sq ft · Last Sold: $140,000 in 1986 · Built: 1983

  • $351K - $382K

    Est. Value

    10855 Cypress Glen Dr # 10855, Coral Springs, FL 33071

    2 beds · 2 baths · 1,472 sq ft · Last Sold: $123,000 in 2000 · Built: 1988

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    Est. Value

    11390 NW 1st Pl, Coral Springs, FL 33071

    4 beds · 2 baths · 2,383 sq ft · Last Sold: $385,000 in 2017 · Built: 1985

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    Est. Value

    224 NW 107th Way, Coral Springs, FL 33071

    4 beds · 2 baths · 2,052 sq ft · Last Sold: $259,000 in 2009 · Built: 1984

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    Est. Value

    326 NW 110th Ter, Coral Springs, FL 33071

    4 beds · 2 baths · 2,604 sq ft · Built: 1983

  • $636K - $704K

    Est. Value

    11053 NW 5th Ct, Coral Springs, FL 33071

    4 beds · 2 baths · 2,342 sq ft · Last Sold: $267,000 in 2009 · Built: 1983

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    Est. Value

    606 NW 113th Ter, Coral Springs, FL 33071

    4 beds · 2 baths · 2,133 sq ft · Last Sold: $255,000 in 2002 · Built: 1985

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    Est. Value

    11365 SW 1st St, Coral Springs, FL 33071

    4 beds · 2 baths · 2,534 sq ft · Last Sold: $335,000 in 2003 · Built: 1985

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    Est. Value

    11523 NW 6th Ct, Coral Springs, FL 33071

    4 beds · 2 baths · 1,965 sq ft · Last Sold: $420,000 in 2020 · Built: 1997

  • $722K - $762K

    Est. Value

    441 NW 113th Ave, Coral Springs, FL 33071

    4 beds · 2 baths · 2,200 sq ft · Built: 1984

Market Benchmarks

Compare data for 622 NW 111th Way in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$781,704
$514,739
$266,965 (52%)
$******
$645,585
$292,381 (45%)
YoY Price Change
****%
1.63%
-32%
Year Built
1983
2002
-19 years
Living Space
2,396 sq ft
2,420 sq ft
-24 (-1%)
$ Per Living Sq Ft
$326
$213
$113 (53%)
Lot Size
9,299 sq ft
10,153 sq ft
-854 (-8%)
$ Per Lot Sq Ft
$84
$52
$32 (62%)

Net Operating Income
$*****
$20,084
$2,256 (11%)
Annual Revenue
$42,000
$32,400
$9,600 (30%)
$*****
$13,478
$6,182 (46%)
Net Operating Income
$*****
$20,084
$2,256 (11%)
Cap Rate
****%
4.24%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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