$640,000
13868 York Court, A
Wellington, FL 33414
MLS# RX-10573219
Status: Closed
4126 sqft


13868 York Court, A, Wellington, FL 33414
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Property Description
Excellently maintained Quadplex in highly desirable Wellington market. Situated on a .45 Acre, waterfront site, located on a quiet cul-de-sac in a residential neighborhood. This 4,574 sf building is solid, 1988, CBS construction. All units are 2 Bedroom, 2 bathroom with a comfortable and desirable layout plus in-unit washer/dryer. Large parking lot with two spaces per unit. All units are separately metered for water and electric. Plus a house electric panel for the sprinkler pump and security lights. All units currently occupied with long term month-to-month tenants paying WAY BELOW market rents. Lot's of upside by raising the rents. As-Stabilized pro-forma NOI of $47,000; 7.32% Cap Rate. Contact Listing Agent For Financial Analysis.

Details
Maps
Contract Information
Listing Date: 2019-10-28
Status: Closed
Original List Price: 650000
Auction: No
Sold Price: $640,000
Current Price: $640,000
List Price/SqFt: 157.53
Comm/Non-Rep: 2.0%
Comm/Buyer Agent: 2.0%
Comm/Trans Brk: 2.0%
General Property Description
Type: Quad Plex
Total # of Units: 4
Property Condition: Resale
Year Built: 1988
Number of Stories: 1
SqFt - Total: 4574
SqFt - Living: 4126
SqFt Source: Tax Rolls
Homeowners Assoc: None
Directions: GVS TO YARMOUTH TO FOLKSTONE, L TO YORK
Subdivision: GREENVIEW SHORES 2 OF WELLINGTON
Lot SqFt: 19616
Waterfront: Yes
Waterfrontage: 198
Private Pool: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 5520
Geo Area: PB24
County: Palm Beach
Parcel ID: 73414409020760070
Street #: 13868
Street Name: York
Street Suffix: Court
Unit #: A
State/Province: FL
Zip Code: 33414
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: GREENVIEW SHORES NO 2 OF WELLINGTON LT 7 BLK 76
Zoning: WELL_P
Tax Year: 2018
Taxes: 9205.73
Elementary School: New Horizons Elementary School
Middle School: Polo Park Middle School
High School: Wellington High School
Geo Lat: 26.644409
Geo Lon: -80.268748
Office/Member Info
DXORIGMLNO: RX-10573219
DXORIGMLSID: RML
Status Change Info
Under Contract Date: 2019-10-31
Sold Date: 2019-12-09
Sold Price: $640,000
Terms of Sale: Cash
Sold Price/SqFt: 155.11
Unit 1 Info
Bedrooms: 2
Full Bath: 2
Furnished: No
SqFt: 1031
Monthly Income: 1000
Unit 2 Info
Full Bath: 2
Half Bath: 2
Furnished: No
SqFt: 1031
Monthly Income: 1000
Unit 3 Info
Bedrooms: 2
Full Bath: 2
Furnished: No
SqFt: 1031
Monthly Income: 1000
Unit 4 Info
Bedrooms: 2
Full Bath: 2
Furnished: No
SqFt: 1031
Monthly Income: 1000
Income & Expenses
Gross Operating Inc: 72000
Annual Total Expense: 22251
Annual Net Oper Inc: 47589
Property Features
Source of Expenses: Proforma
Construction: CBS
Waterfront Details: Interior Canal
View: Canal; Garden
Unit 1 Desc: A/C Unit; Dishwasher; Dryer; Electric Meter; Kitchen; Laundry; Microwave; Range - Electric; Refrigerator; Split Bedrooms; Washer; Den/Family
Unit 1 Parking: Space Parking
Unit 2 Desc: A/C Unit; Dishwasher; Electric Meter; Kitchen; Microwave; Range - Electric; Refrigerator; Split Bedrooms; Stack Bedrooms; Den/Family
Unit 2 Parking: Space Parking
Unit 3 Desc: A/C Unit; Dishwasher; Kitchen; Laundry; Range - Electric; Refrigerator; Stack Bedrooms; Den/Family
Unit 3 Parking: Open Parking; Space Parking
Unit 4 Desc: A/C Unit; Dishwasher; Microwave; Range - Electric; Refrigerator
Unit 4 Parking: Open Parking; Space Parking
Lot Description: 1/4 to 1/2 Acre
Exterior Features: Auto Sprinkler; Well Sprinkler
Subdiv. Amenities: None
Maintenance Fee Incl: None
Tenant Pays: Cable; Electric; Sewer; Sewer; Water
Restrict: None
Flooring: Carpet; Ceramic Tile
Cooling: Central
Heating: Central
Roof: Comp Shingle
Terms Considered: Cash; Conventional; FHA; Owner 2nd; Other
Utilities: Cable; Public Sewer; Public Water
Special Info: Corporate Owned
Taxes: City/County
Avail Info: Deposit Security; Investment Analysis
Possession: At Closing
Showing Instructions: Text Listing Agent
Contingencies: Inspection

Listing Office: Home Source Inc.

Last Updated: April - 23 - 2020

13868 York Court, A, Wellington, FL 33414 - MLS# RX-10573219
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