For SaleNeutral Deal13 days on market
962 NEWCASTLE CIRCLE #202
962 NEWCASTLE CIRCLE #202, LAKE MARY, FL 32746, Lake Mary, FL 32746
$175,000
Estimate®:$167,000
Listing Price
962 NEWCASTLE CIRCLE #202, LAKE MARY, FL 32746
Loc: Lake Mary, FL
Days Listed
13
Tax Assessed
$182k
Estimate®
$167k
Market Rate
Lot Size
869 sqft
Rent Estimate
$1,677/mo
Est. Cash Flow base
Type
condo
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.
7
Lake Mary Elementary School
PK-5
2.1 mi away
7
Greenwood Lakes Middle School
6-8
1.5 mi away
5
Lake Mary High School
9-12
1.6 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
multi-familytownhomesidingwooden exteriormulti-levelstaircasebalconyarched windowslandscaped lawnresidential communitysunset lightingstreet lampsuburban
Haven AI Verdict
Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.81%
Total ROI
106.8%
Cash Flow
$85/mo
DSCR
1.09
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $85/mo net cash flow with a 6.8% cap rate. Underwriting indicates neutral fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.8%)
- • Strong rental demand in Lake Mary
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 |
|---|---|---|---|
| 2026-09-10 | Listed for sale | $175,000 | $166 |
| 2006-01-13 | Sold | $157,500 | $149 |
| 2003-09-24 | Sold | $83,000 | $79 |
| 2000-06-28 | Sold | $63,900 | $61 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $2,318.6 | $160,041 |
| 2024 | $2,098.41 | $145,492 |
| 2023 | $1,965.71 | $132,265 |
| 2022 | $1,741 | $120,241 |
| 2021 | $1,615.95 | $109,310 |
| 2020 | $1,501.3 | $99,373 |
| 2019 | $1,356.79 | $90,339 |
| 2018 | $1,356.79 | $88,414 |
| 2017 | $1,223.73 | $74,660 |
| 2016 | $1,098.44 | $69,370 |
| 2015 | $1,052.07 | $69,370 |
| 2014 | $1,052.07 | $61,964 |
| 2013 | $820.48 | $51,264 |
| 2012 | $739.13 | $48,090 |
| 2011 | $697.95 | $44,916 |
| 2010 | $804.97 | $51,264 |
| 2009 | $1,412.62 | $90,410 |
| 2008 | $1,760.33 | $116,890 |
| 2007 | $1,851.71 | $125,384 |
| 2006 | $783.63 | $73,626 |
| 2005 | $761.67 | $71,482 |
| 2004 | $750.4 | $69,400 |
| 2003 | $1,063.35 | $62,024 |
| 2002 | $513.68 | $54,478 |
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