Neighborhood
5029 NW 98th Ln, Coral Springs, FL 33076
5 beds · 2 baths · 2,892 sq ft · Lot: 11,969 sq ft · Single Family Home · Last Sold: $726K in 2023 · Built: 1989
Est. Value:
$963K
Est. Rent:
$3.6K/month

5029 NW 98th Ln Coral Springs, FL 33076

5 beds · 2 baths · 2,892 sq ft · Lot Size: 11,969 sq ft · Single Family Home · North Springs
Est. Property Value: $962,816

Valued above Market MedianOwned for Less Than 5 Years

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5029 NW 98th Ln is in the North Springs neighborhood of Coral Springs, FL. It is located in Broward County and ZIP code 33076. This Single Family Home was built in 1989 and is approximately 36 years old. The single family home spans 2892 sq ft with 5 bedrooms and 2 bathrooms and sits on a 11969 sq ft lot. According to public records, it was last sold in 2023 for $726,000 and has a tax-assessed value of $605,300, which is $333 per sq ft. The North Springs area of Coral Springs has 526 residential homes with an average size of 2494.5 sq ft. Analyze and compare real estate investment strategies for properties like this home at 5029 NW 98th Ln Coral Springs, FL 33076 with Property Intel by Whitepages.

Investment Potential for 5029 NW 98th Ln

The property has a current estimated value of $962,816, which is 20% above the neighborhood median, based on public records. It last sold on March 29, 2023 for $726K. Projected long-term
is $43,200 annually ($3,600 per month) with a 93% occupancy rate.

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Long-Term

Gross Rental
$43,200 per year($3,600 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
93%in 33076 zip code
 
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Owners & Occupancy for 5029 NW 98th Ln

No contact information is available.

Occupancy

Resident 1*********************
Resident 2******************* age 45

Property Details for 5029 NW 98th Ln

Property Details

Property Sq Ft

Living Area

2,892 sq ft

16% above market

Lot Size

11,969 sq ft

15% above market

Price Per Sq Ft

Living Area

$333 / sq ft

4% above market

Lot Size Area

$80 / sq ft

6% above market

Property condition, age, exterior, etc. for 5029 NW 98…
Longitude: -80.255693 Latitude: 26.292864 Parcel Number (APN): 48-41-09-03-3440…
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Market Benchmarks

Compare data for 5029 NW 98th Ln in Broward County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$962,816
$494,098
$468,718 (95%)
$*******
$664,260
$508,330 (77%)
YoY Price Change
****%
1.63%
269%
Year Built
1989
2002
-13 years
Living Space
2,892 sq ft
2,420 sq ft
472 (20%)
$ Per Living Sq Ft
$333
$214
$119 (56%)
Lot Size
11,969 sq ft
10,153 sq ft
1816 (18%)
$ Per Lot Sq Ft
$80
$55
$26 (47%)

Net Operating Income
$*****
$20,680
-$3,782 (-18%)
Annual Revenue
$43,200
$32,400
$10,800 (33%)
$*****
$12,882
$13,420 (104%)
Net Operating Income
$*****
$20,680
-$3,782 (-18%)
Cap Rate
****%
4.38%
—
View Neighborhood Data
Home Value Comparison: Property vs. Local and Regional 5-Bed Single Family Home Medians

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