7276 NW 116th Ln Parkland, FL 33076

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5 beds · 3 baths · 4,029 sq ft · Lot Size: 11,529 sq ft · Single Family Home · Heron Bay
Est. Property Value: $1,156,994

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7276 NW 116th Ln is in the Heron Bay neighborhood of Parkland, FL. It is located in Broward County and ZIP code 33076. This Single Family Home was built in 2003 and is approximately 22 years old. The single family home spans 4029 sq ft with 5 bedrooms and 3 bathrooms and sits on a 11529 sq ft lot. According to public records, it was last sold in 2022 for $1,130,000 and has a tax-assessed value of $1,046,940, which is $287 per sq ft. The Heron Bay area of Parkland has 300 residential homes with an average size of 3038 sq ft. Analyze and compare real estate investment strategies for properties like this home at 7276 NW 116th Ln Parkland, FL 33076 with Property Intel by Whitepages.

7276 NW 116th Ln

Parkland, FL 33076

Owner Info

Owners & Occupancy for 7276 NW 116th Ln

This property is owned by Valentyna Zhydetska. Owner contact information includes .

Property Owners

Residence************
Landline
Distance from Property**********
OccupationSenior Software Engineer, Sentinelone
Cell Phone(267) ***-****View Cell Phone
Residence************
Landline
Distance from Property**********
Email Address*********@gmail.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1*****************
Resident 2*******************
Resident 3********* age 57

Property Financials for 7276 NW 116th Ln

7276 NW 116th Ln, Parkland, FL has a mortgage from Paramount Resid'l Mtg Grp (orig. June 26, 2022). The Broward county assessment for 2023 values it at $1,046,940, with annual taxes of $20,259.

Mortgage & Equity Information

Loan Amount$*******
LenderParamount Resid'l Mtg Grp
Origination DateJune 26, 2022
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*************
Equity View Equity

Property Tax

Purchase DateJune 24, 2022
Property Tax Amount$20,259 in 2023
Purchase Price$1,130,000
Assessed Value$1,046,940 on 2023

Investment Potential for 7276 NW 116th Ln

The property has a current estimated value of $1,156,994, which is 21% above the neighborhood median, based on public records. It last sold on June 24, 2022 for $1.13M. Projected long-term
is $43,800 annually ($3,650 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
93%in 33076 zip code
 
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Property Details for 7276 NW 116th Ln

Property Details

Property Sq Ft

Living Area

4,029 sq ft

33% above market

Lot Size

11,529 sq ft

20% above market

Price Per Sq Ft

Living Area

$287 / sq ft

6% below market

Lot Size Area

$100 / sq ft

3% below market

Property condition, age, exterior, etc. for 7276 NW 11…
Longitude: -80.283514 Latitude: 26.320941 Parcel Number (APN): 48-41-06-15-1120…

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Discover more single family homes near 7276 NW 116th Ln in Parkland, 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 7276 NW 116th Ln in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$1,156,994
$514,739
$642,255 (125%)
$645,585
$895,172 (139%)
YoY Price Change
1.63%
189%
Year Built
2003
2002
1 year
Living Space
4,029 sq ft
2,420 sq ft
1609 (66%)
$ Per Living Sq Ft
$287
$213
$74 (35%)
Lot Size
11,529 sq ft
10,153 sq ft
1376 (14%)
$ Per Lot Sq Ft
$100
$52
$48 (93%)

Net Operating Income
$20,084
-$10,763 (-54%)
Annual Revenue
$43,800
$32,400
$11,400 (35%)
$13,478
$21,001 (156%)
Net Operating Income
$20,084
-$10,763 (-54%)
Cap Rate
4.24%
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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