$169,500
$164,000
3.4%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,395 SqFt
SOLD DATE : 09/23/2022
Key Details
Sold Price $169,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,395 sqft
Price per Sqft $121
Subdivision Hunters Trace Phase 1
MLS Listing ID 731257
Sold Date 09/23/22
Style Country
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 2002
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Single Family Residence
Property Description
UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.
Come see this phenomenal, well built 3 bedroom / 3 bathroom home located in the quiet subdivision of Hunters Trace. Boasting 1395 square feet, built in 2002, with a newer post Hurricane Michael roof, this home is conveniently located to Interstate 10 and close to everything. 2604 Mashburn Road offers the perfect refuge for a growing family or young professional. Or, be a savvy investor and pick up this property that could easily rent for a minimum of $1800 per month, and capitalize on a very short payoff period of less than 9 years.
Low taxes, low insurance cost, and a giant 0.35 acre lot make this home the perfect opportunity. Marianna is one of the fastest growing areas in Florida with a flourishing job market and tons of activities for the family to love.
Put this fabulous 3 bedroom / 2 bathroom home (1395 SF) on 0.35 acres on the rental market for $1800 per month.
Taxes are $1500.35 per year, and insurance is approximately $1500 or $3000.35 annual expenses.
$1800 x 12 = $21,600 income - $3000.35 expenses = $18,599.65 annual net income.
$164,000 / $18,599.65 = 8.82 year payoff.
Anything 10 years or under is a fabulous payoff period.
Location
State FL
County Jackson
Community Short Term Rental Allowed
Area 09 - Jackson County
Interior
Fireplace No
Exterior
Community Features Short Term Rental Allowed
Utilities Available Water Connected
Private Pool No
Building
Architectural Style Country
Others
Tax ID 17-4N-10-0212-0000-0090
Acceptable Financing Other
Listing Terms Other
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