395 NW 89th Ln Coral Springs, FL 33071

4 beds · 2 baths · 2,429 sq ft · Lot Size: 16,569 sq ft · Single Family Home · Shadow Wood
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395 NW 89th Ln is in the Shadow Wood neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33071. This Single Family Home was built in 1980 and is approximately 45 years old. The single family home spans 2429 sq ft with 4 bedrooms and 2 bathrooms and sits on a 16569 sq ft lot. According to public records, it was last sold in 2024 for $765,000. The Shadow Wood area of Coral Springs has 269 residential homes. Analyze and compare real estate investment strategies for properties like this home at 395 NW 89th Ln Coral Springs, FL 33071 with Property Intel by Whitepages.

Investment Potential for 395 NW 89th Ln

The property has a current estimated value of $682,388, which is 2% below the neighborhood median, based on public records. It last sold on May 14, 2024 for $765K. Projected long-term
is $55,200 annually ($4,600 per month) with a 95% occupancy rate.

Long-Term

Gross Rental
$55,200 per year($4,600 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 33071 zip code
 
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Owners & Occupancy for 395 NW 89th Ln

No contact information is available.

Occupancy

Resident 1****************** age 35
Resident 2************************ age 43
Resident 3************** age 44

Property Details for 395 NW 89th Ln

Property Details

Property Sq Ft

Living Area

2,429 sq ft

Compare to Shadow Wood

Lot Size

16,569 sq ft

Compare to Shadow Wood

Price Per Sq Ft

Living Area

$281 / sq ft

Compare to Shadow Wood

Lot Size Area

$41 / sq ft

Compare to Shadow Wood
Property condition, age, exterior, etc. for 395 NW 89t…
Longitude: -80.244455 Latitude: 26.236594 Parcel Number (APN): 48-41-34-02-4240…
Mortgage originated on through lender: Loan Store Inc for$******View Mortgage Details
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Market Benchmarks

Compare data for 395 NW 89th Ln in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$682,388
$499,312
$183,075 (37%)
$701,364
$253,427 (36%)
YoY Price Change
1.63%
-444%
Year Built
1980
2001
-21 years
Living Space
2,429 sq ft
2,425 sq ft
4 (0%)
$ Per Living Sq Ft
$281
$216
$65 (30%)
Lot Size
16,569 sq ft
10,221 sq ft
6348 (62%)
$ Per Lot Sq Ft
$41
$55
-$14 (-25%)

Net Operating Income
$21,413
$15,814 (74%)
Annual Revenue
$55,200
$31,800
$23,400 (74%)
$12,643
$5,330 (42%)
Net Operating Income
$21,413
$15,814 (74%)
Cap Rate
4.63%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians