1060 Crystal Lake Drive 101, Deerfield Beach, FL 33064 — MLS photo

Active · Condominium

$215,000

1060 Crystal Lake Drive 101, Deerfield Beach, FL 33064

Beds: 2
Baths: 1
Living area: 805 sq ft
$ / sq ft: $267/sq ft
Year built: 1968
Lot size: —
HOA fee: $588 Monthly
Annual tax: $3,791

About this property

Desirable spacious APT 2 Bed 1 Bath on Sommerset Condo (Crystal Lake) community in the heart of Deerfield Beach. Good choice for investors, rented $2050/month. Remodeled unit can be considered, Master bedroom with walk-in closet. Updated bathroom with sliding glass door. Large living room. Tile through out the unit. Kitchen w/newer appliances with quartz stone sparkling white on counter top. A/C All windows are hurricane proof. Private covered porch. Near SEABRA supermarket, restaurants, and major shopping. Minutes to beaches, I-95 and Turnpike.

Property location

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1060 Crystal Lake Drive 101, Deerfield Beach, FL 33064

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Facts & features

Interior

Bedrooms: 2
Bathrooms: 1
Living area: 805 sq ft
Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling: Central Air
Heating: Electric
Interior features: Bedroom On Main Level, Closet Cabinetry, Living Dining Room, Main Living Area Entry Level, Elevator
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1968
Stories: 4
Lot size: 0 sq ft
Architectural style: Garden Apartment, One Story
Roof: Concrete
Construction: Block
Pool: None
Waterfront: Lake Privileges

Parking

Covered spaces: 0
Parking features: One Space

HOA, Community & Financials

Association fee: $588 Monthly
Fee inclusions: Common Area Maintenance, Insurance, Pest Control, Roof, Sewer, Trash, Water
Amenities: Elevators
Security: Fire Alarm, Smoke Detectors
Pets allowed: No
Annual tax: $3,791
Subdivision: SOMMERSET CONDOMINIUMS
County: Broward
Days on market: 188
MLS listing ID: B26014152
Listing status: Active

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Monthly HOA ($)

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Estimated monthly cash flow

-$213

Cap rate: 4.5%
Net yield: 4.5%
Cash-on-cash return: -4.2%
Gross yield: 11.4%
Mortgage payment: $1,019/mo
Down payment: $53,750
Loan amount: $161,250
Annual NOI: $9,680

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