3985 W Mcnab Rd A111, Pompano Beach, FL 33069 — MLS photo

Active · Condominium

$142,000

3985 W Mcnab Rd A111, Pompano Beach, FL 33069

Beds: 1
Baths: 1
Living area: 633 sq ft
$ / sq ft: $224/sq ft
Year built: 1992
Lot size: —
HOA fee: $343 Monthly
Annual tax: $0

About this property

NICE SIZE CONDO IN A BEAUTIFUL COMMUNITY AND NEIGHBORHOOD. WASHER & DRYER IN UNIT. ISLAND IN THE KITCHEN. WOOD FLOORING. NEXT TO I-95. FIRST FLOOR, VERY PRIVATE LOCATION, AMENITIES INCLUDE GYM, TENNIS COURT & GREAT POOL. FLOORING IS LAMINATED AND TILED. HVAC HAS BEEN REPLACED 2 YEARS AGO. TENANT OCCUPIED UNTIL 01/31/2027. TENANT PAYS $1500.00 PER MONTH.

Property location

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3985 W Mcnab Rd A111, Pompano Beach, FL 33069

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 1
Living area: 633 sq ft
Flooring: Ceramic Tile, Hardwood, Wood
Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
Cooling: Central Air
Heating: Central
Interior features: Bedroom On Main Level, First Floor Entry
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1992
Stories: 3
Architectural style: Garden Apartment
Construction: CBSConcrete Block Structure, Block
Exterior features: Balcony
View: None

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: One Space

HOA, Community & Financials

Association fee: $343 Monthly
Fee inclusions: Common Areas, Maintenance Structure
Amenities: Clubhouse, Fitness Center
Security: Other
Pets allowed: Conditional, Yes
Annual tax: $0
Subdivision: WINDWARD LAKES CONDO
County: Broward
Days on market: 168
MLS listing ID: A12007269
Listing status: Active

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Interest rate (%)

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Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

$261

Cap rate: 7.9%
Net yield: 7.9%
Cash-on-cash return: 7.9%
Gross yield: 12.9%
Mortgage payment: $673/mo
Down payment: $35,500
Loan amount: $106,500
Annual NOI: $11,208

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