453 BENTWOOD Lane, Orange Park, FL 32073 (MLS# 1074407)

453 BENTWOOD Lane, Orange Park, FL 32073

$325,000

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Property Type: Residential Income Bedrooms: 8 Baths: 8 Square Footage: 3,686 Status: Closed

Current Price: $325,000 List Date: 9/22/2020 Last Modified: 2/03/2025

Overview

Description

Great opportunity to own rental property in a high demand area. Fully occupied. Current comps show rents are up to 850/m in this community, increasing annual rent to 40,800. With property management in place this is a potential 9.27 cap investment. This property has been well maintained and a new roof added in 2017. All annual leases. One tenant has occupied 5 to 6 years. Two have occupied for 2 years. One is less than a year. Public records shows property as having only one bath but there is a half bath in each unit connected to the master bedroom.

Listing Details MLS# 1074407

General Property Information

Number Of Units Total: 4
Bedrooms Total: 8
Bathrooms Total: 8
Bathrooms Full: 4
Bathrooms Half: 4
Living Area: 3686
Living Area Source: Public Records
Year Built: 1982
Lot Size Dimensions: 110 X 107
Pool Private YN: No
Water Body Access YN: No
Waterfront YN: No
Stories Total: 2
Stories: 2
Directions: Exit 295 go West on Blanding Blvd right on wells road. turn left on Cedar bend Court Turn Right on Lombard Turn left on Bentwood Lane
Public Remarks: Great opportunity to own rental property in a high demand area. Fully occupied. Current comps show rents are up to 850/m in this community, increasing annual rent to 40,800. With property management in place this is a potential 9.27 cap investment. This property has been well maintained and a new roof added in 2017. All annual leases. One tenant has occupied 5 to 6 years. Two have occupied for 2 years. One is less than a year. Public records shows property as having only one bath but there is a half bath in each unit connected to the master bedroom.
List Price/SqFt: 93.6
Sold Price/SqFt: 88.17
Garage Spaces: 0

Property Features

Appliances: Dishwasher; Electric Oven; Electric Range; Electric Water Heater; Microwave; Refrigerator Construction Materials: Frame; Stucco; Wood Siding Cooling: Central Air Flooring: Tile Heating: Central; Heat Pump Laundry Features: Electric Dryer Hookup; Washer Hookup Listing Terms: Cash; Conventional; FHA Owner Pays: Grounds Care; Insurance; Management; Other Tax; Pest Control; Repairs; Sewer; Water Parking Features: Parking Lot Pool Features: None Possession: Negotiable; Other Road Surface Type: Asphalt Roof: Shingle Security Features: Smoke Detector(s) Sewer: Public Sewer Utilities: Cable Connected; Other Water Source: Public

Contract Information

Listing Contract Date: 2020-09-22
Property Sub Type: Quadruplex

Location Tax and Legal

Street Number: 453
Street Name: BENTWOOD
Street Suffix: Lane
County: Clay
State: FL
Postal Code: 32073
Subdivision Name: Cedar Bend
MLS Area Major: 131-Meadowbrook/Loch Rane

Status Change Information

Major Change Timestamp: 2020-10-19T19:17:13Z
Major Change Type: Status Change
Purchase Contract Date: 2020-10-12
Close Date: 2020-10-16
Close Price: 325000

Income and Expenses

Gross Income: 35880

More Information

Historical Information

Public Historical Remarks 1: Restrictions-Pets-Limited (SIR): Y, Occupancy Rate: 100, Annual Property Tax: 3524, Annual Fees and Income-Annual Mgmt Fee: 4080, Annual Fees and Income-Annual Insurance Exp: 1650, Possible Financing-1031 Exchange: Y, Number of Buildings: 1 Building, Present Rental Terms: Year, Two Bedroom Rentals: $701 to $800/Month, Structure Slab: Y
Public Historical Remarks 2: # 2 Bedroom Units: 4, Annual Utilities: 540, Lot Location-Urban/City: Y, Present Tenant Exp: All Electric,Security Deposit
Public Historical Remarks 3: Current Zoning: PUD

Location, Tax, and Legal

Country: US
Parcel Number: 06042601068710000

Appliances

Dishwasher: Yes
Electric Oven: Yes
Electric Range: Yes
Electric Water Heater: Yes
Microwave: Yes
Refrigerator: Yes

Construction Materials

Frame: Yes
Stucco: Yes
Wood Siding: Yes

Cooling

Central Air: Yes

Flooring

Tile: Yes

Heating

Central: Yes
Heat Pump: Yes

Laundry Features

Electric Dryer Hookup: Yes
Washer Hookup: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes

Owner Pays

Grounds Care: Yes
Insurance: Yes
Management: Yes
Other Tax: Yes
Pest Control: Yes
Repairs: Yes
Sewer: Yes
Water: Yes

Parking Features

Parking Lot: Yes

Pool Features

None: Yes

Possession

Negotiable: Yes
Other: Yes

Road Surface Type

Asphalt: Yes

Roof

Shingle: Yes

Security Features

Smoke Detector(s): Yes

Sewer

Public Sewer: Yes

Utilities

Cable Connected: Yes
Other: Yes

Water Source

Public: Yes

Documents

Survey ›

Listing Office: BLUE PEAK REALTY LLC

Last Updated: February - 03 - 2025

Information deemed reliable but not guaranteed.

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Zelda Greenberg is a real estate agent affiliated with Legacy Realty Group North Florida, Inc., a licensed real estate brokerage that abides by equal housing opportunity laws. This is not intended to solicit property already listed. All material presented is intended for informational purposes only. Information is compiled from sources that are deemed reliable but subject to price changes, condition, sale, withdrawal, and errors & omissions.

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