For SaleRisky Deal167 days on market
902 HANOVER WAY
902 HANOVER WAY, LAKELAND, FL 33813, Lakeland, FL 33813
$725,000
Listing Price
902 HANOVER WAY, LAKELAND, FL 33813
Loc: Lakeland, FL
Days Listed
167
Tax Assessed
$666k
Lot Size
0.38 acres
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Highlands Grove Elementary School
PK-5
2 mi away
4
Lakeland Highlands Middle School
6-8
0.3 mi away
5
George W. Jenkins Senior High School
9-12
2.2 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch-stylestucco exteriorhip roofspacious drivewaylandscaped yardsuburbantennis court accessarchitectural shinglesmature treesgated communitytraditional residentialsingle-storyneutral color palette
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.89%
Total ROI
86.9%
Cash Flow
$-203/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-203/mo net cash flow with a 5.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.9%)
- • Strong rental demand in Lakeland
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-08-11 | Listed for sale | $725,000 | $225 |
| 2026-07-08 | Contingent | $725,000 | $225 |
| 2026-06-25 | Pending sale | $725,000 | $225 |
| 2026-05-21 | Price change | $725,000 | $225 |
| 2026-04-28 | Listed for sale | $739,900 | $230 |
| 2026-04-24 | Pending sale | $739,900 | $230 |
| 2026-04-09 | Listed for sale | $739,900 | $230 |
| 2017-06-30 | Sold | $445,000 | $138 |
| 2017-05-28 | Listed for sale | $475,000 | $148 |
| 2013-05-10 | Listing removed | $479,500 | $149 |
| 2012-11-21 | Listed for sale | $479,500 | $149 |
| 2002-04-19 | Sold | $130,200 | $40 |
| 2002-01-08 | Sold | $300,000 | $93 |
| 1998-12-16 | Sold | $300,000 | $93 |
| 1996-09-06 | Sold | $55,000 | $17 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,587.42 | $456,657 |
| 2024 | $5,426.04 | $443,787 |
| 2023 | $5,322.03 | $430,861 |
| 2022 | $5,214.65 | $418,312 |
| 2021 | $5,257.7 | $406,128 |
| 2020 | $5,221.7 | $400,521 |
| 2019 | $5,381.4 | $401,065 |
| 2018 | $5,783.9 | $390,362 |
| 2017 | $6,264.52 | $335,094 |
| 2016 | $4,421.69 | $328,202 |
| 2015 | $4,497.46 | $325,921 |
| 2014 | $4,594.56 | $323,334 |
| 2013 | $4,493.11 | $318,556 |
| 2012 | $4,793.07 | $339,961 |
| 2011 | $4,812.93 | $337,708 |
| 2010 | $5,212.4 | $356,059 |
| 2009 | $5,353 | $346,698 |
| 2008 | $5,002.48 | $346,352 |
| 2006 | $5,503.3 | $0 |
| 2003 | $4,998.93 | $316,500 |
| 2002 | $4,781.01 | $297,360 |
| 2001 | $4,773.46 | $271,930 |
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