7525 NW 61st Ter 1603, Parkland, FL 33067 — MLS photo

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7525 NW 61st Ter 1603, Parkland, FL 33067

Active · Townhouse

$479,000

7525 NW 61st Ter 1603, Parkland, FL 33067

Beds
3
Baths
2
Living area
1,760 sq ft
$ / sq ft
$272/sq ft
Year built
1991
Lot size
—
HOA fee
$465
Annual tax
—

About this property

SHAZAM!!! and WOWZA!!! Only Carriage Home available, priced to sell! Move-in-ready 3/2/1CG. New roof 2024, New exterior paint, New sealcoat on all streets and satellite parking lots, Professional landscaping/flower beds, Community pool and clubhouse. This spacious TERRAGON model includes an office/den/3rd bedroom option, brand new SS appliances, new washer and dryer, complete Cali-style white plantation shutters, providing total privacy! Complete hurricane shutters on all windows and doors. Interior flooring is all laminate except tile in both baths and kitchen. A large screened balcony runs from the master bedroom to the kitchen with an extensive landscaped view! The Association is well-managed with low monthly maintenance fees and adequate reserves. Pet-friendly! Nearby is the huge, multifunction Terramar Park with 3 stadium-style baseball fields, 7 lighted basketball courts, new lighted true-turf soccer field, jogging trails, pickle-ball courts and picnic areas. Tennis courts are available at nearby Quigley Park. Walk to Temple.

Property location

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7525 NW 61st Ter 1603, Parkland, FL 33067

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Facts & features

Interior

Bedrooms
3
Bathrooms
2
Living area
1,760 sq ft

Exterior & Structure

Property type
Townhouse
Year built
1991

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$465
County
Broward
MLS listing ID
A12031268
Listing status
Active

Investment intelligence

Yield & ROI calculator

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

Estimated monthly cash flow

$263

Cap rate
6.3%
Net yield
6.3%
Cash-on-cash return
2.4%
Gross yield
11.2%
Mortgage payment
$2,271/mo
Down payment
$119,750
Loan amount
$359,250
Annual NOI
$30,404

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