6715 Electra Ave

North Port, FL 34287
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3 bd, 2 ba | 2,502 sqft | Built in 1979

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List Price
$299,900

Initial Investment

$81,723

Purchase Price

$299,900

Down Payment

25%

Rent

$1,940

Total Return

$162,135

Annualized Return

23.1%

Cap Rate

4.1%

Gross Yield

7.8%

Cash Flow

-$4,837

Appreciation

10.4%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

10,000

HOA

$20/mo

Flood Risk

Not Required

Under contract-accepting backup offers. Nestled in the heart of a serene neighborhood, this charming single-family residence is a true gem waiting to be discovered.
This spacious home spans over 1700 square feet, offering ample space for comfortable living. As you step inside, you'll be greeted by an inviting open floor plan, seamlessly connecting the living spaces for effortless entertainment and relaxation.
This home features 3 bedrooms with the possibility of a den or 4th bedroom (no closet), accommodating your family's needs with flexibility and style. Enjoy the convenience of 2 baths, ensuring everyone's comfort and privacy.
The kitchen boasts elegant granite countertops that perfectly complement the stainless steel appliances. Whether you're preparing a casual meal or hosting a gathering, this kitchen is sure to inspire your inner chef.
Experience the luxury of carpet, tile, and engineered hardwood flooring throughout the home, creating a blend of sophistication and practicality. The large living room and family room offer cozy retreats for relaxation and quality time with loved ones.
Step into the 400 sqft Florida room, where abundant natural light and tranquil views create an inviting atmosphere for year-round enjoyment. Perfect for morning coffee or evening gatherings, this versatile space is a true highlight of the home.
Additional features include an indoor laundry room for added convenience, a one-car garage, and a large backyard, providing ample space for outdoor activities and the possibility of building your dream pool oasis.
Updates abound, with a new HVAC system in 2023, roof 2015, and new windows and slider in 2016, ensuring peace of mind and energy efficiency for years to come. The electrical panel was also upgraded in 2015, along with a newer hot water heater.
With an extra parking pad for your car, boat, or RV, you'll have plenty of space for all your vehicles and recreational toys. Plus, enjoy the amenities of the low annual Jockey Club HOA, including access to the community pool, tennis courts, and basketball courts.
Located in a non-flood zone, this home offers both convenience and tranquility, with easy access to shopping, dining, parks, and more. Don't miss your chance to make this North Port retreat your own – schedule your showing today!

See more in Analysis
Jeff Wills
Sefair Investments, Inc
FL Agent License #BK3326417

Annual Financial Highlights

Expected Rent

$22,116

Expenses

-$6,449

Property Taxes

-$4,200

Loan Payments

-$16,304

Net Cash Flow

-$4,837

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Leslie Mester
Agent License 3065651
EXIT KING REALTY
Certified Agent Brokerage:Jeff Wills
Sefair Investments, Inc
FL Brokerage License 1035088
SourceStellar MLS
MLS #N6132294
Last Updated: 04/20/2024 16:04
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