For SaleRisky Deal10 days on market
1908 Faulk Dr
1908 Faulk Dr, Tallahassee, FL 32303, Tallahassee, FL 32303
$350,000
Listing Price
1908 Faulk Dr, Tallahassee, FL 32303
Loc: Tallahassee, FL
Days Listed
10
Tax Assessed
$297k
Lot Size
0.45 acres
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
4
Canopy Oaks Elementary School
PK-5
1.4 mi away
6
Raa Middle School
6-8
4.7 mi away
5
Leon High School
9-12
6 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 styleraised foundationstucco exteriorstone accentsfront porchcovered entrywhite railingsspacious lawnmature treessuburbansingle-storyresidentialinviting
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.96%
Total ROI
88.4%
Cash Flow
$-77/mo
DSCR
0.96
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-77/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Tallahassee
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 |
|---|---|---|---|
| 2026-09-23 | Listed for sale | $350,000 | $159 |
| 2026-09-22 | Contingent | $350,000 | $159 |
| 2026-09-19 | Listed for sale | $350,000 | $159 |
| 2021-11-05 | Sold | $307,500 | $140 |
| 2021-09-12 | Contingent | $315,000 | $143 |
| 2021-08-10 | Price change | $315,000 | $143 |
| 2021-06-05 | Listed for sale | $325,000 | $148 |
| 2007-05-14 | Sold | $40,000 | $18 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,819.39 | $275,968 |
| 2024 | $3,715.72 | $268,190 |
| 2023 | $3,619.14 | $260,379 |
| 2022 | $3,971.85 | $249,386 |
| 2021 | $2,505.6 | $185,722 |
| 2020 | $2,430.95 | $183,158 |
| 2019 | $2,401.59 | $179,040 |
| 2018 | $2,401.59 | $175,702 |
| 2017 | $2,378.14 | $172,088 |
| 2016 | $2,193.91 | $168,548 |
| 2015 | $2,193.91 | $167,376 |
| 2014 | $2,193.91 | $166,048 |
| 2013 | $0 | $163,594 |
| 2012 | $0 | $164,638 |
| 2011 | $0 | $205,999 |
| 2010 | $0 | $213,461 |
| 2009 | $0 | $217,403 |
| 2007 | $0 | $40,000 |
| 2006 | $0 | $25,000 |
| 2005 | $0 | $20,000 |
| 2004 | $0 | $20,000 |
| 2003 | $0 | $20,000 |
| 2002 | $0 | $12,000 |
| 2001 | $0 | $12,000 |
| 2000 | $235.59 | $12,000 |
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