Cays Realty
3940 NW 42nd Ave 316, Lauderdale Lakes, FL 33319 — MLS photo

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3940 NW 42nd Ave 316, Lauderdale Lakes, FL 33319

Active · Condominium

$98,000

3940 NW 42nd Ave 316, Lauderdale Lakes, FL 33319

Beds
1
Baths
2
Living area
783 sq ft
$ / sq ft
$125/sq ft
Year built
1974
Lot size
—
HOA fee
$40 Monthly
Annual tax
$1,946

About this property

Don't miss the hidden gem with a beautiful water view! Friendly age restricted community. Featuring a nice layout of 1/1.5, enclosed balcony, tile floor throughout, updated windows, new tankless water heater, ample space with closets and walk-in closet, in a pool community with tennis shuffleboard, picnic area, library, fitness and more. Good location, walking distance to school, close to Turnpike, I95, 441 and other major roads . Plenty of guest parking. Limited leasing. Easy to show through showing assist. A perfect home waiting for you to move in!

Property location

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3940 NW 42nd Ave 316, Lauderdale Lakes, FL 33319

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
783 sq ft
Flooring
Tile
Appliances
Dishwasher, Electric Range, Electric Water Heater, Microwave, Other, Refrigerator
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Bedroom On Main Level, Living Dining Room, Third Floor Entry, Tub Shower, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
1974
Stories
4
Construction
Block
Exterior features
Balcony
Pool
Association
Waterfront
Canal Front
View
Canal

Parking

Garage spaces
0
Covered spaces
0
Parking features
Assigned, Guest, One Space

HOA, Community & Financials

Association fee
$40 Monthly
Fee inclusions
Amenities, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Trash, Water
Amenities
Billiard Room, Bike Storage, Clubhouse, Community Kitchen, Barbecue, Picnic Area, Pool, Shuffleboard Court, Tennis Courts
Security
Other, Smoke Detectors
Pets allowed
No
Annual tax
$1,946
Subdivision
TOPAZ SOUTH CONDO
County
Broward
Days on market
1039
MLS listing ID
A11488305
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

$744

Cap rate
14.8%
Net yield
14.8%
Cash-on-cash return
32.6%
Gross yield
20.6%
Mortgage payment
$465/mo
Down payment
$24,500
Loan amount
$73,500
Annual NOI
$14,507

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.