For SaleRisky Deal25 days on market
538 QUEENSBRIDGE DRIVE
538 QUEENSBRIDGE DRIVE, LAKE MARY, FL 32746, Lake Mary, FL 32746
$389,000
Listing Price
538 QUEENSBRIDGE DRIVE, LAKE MARY, FL 32746
Loc: Lake Mary, FL
Days Listed
25
Tax Assessed
$341k
Lot Size
5,413 sqft
Rent Estimate
$2,572/mo
Est. Cash Flow base
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.
7
Lake Mary Elementary School
PK-5
1.9 mi away
7
Greenwood Lakes Middle School
6-8
0.5 mi away
5
Lake Mary High School
9-12
0.7 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
single-storyranch stylestucco exteriortwo-car garagegable roofsuburbanpalm treeslandscaped front yardneutral color paletteresidentialdrivewaytraditionallow maintenance
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.65%
Total ROI
59.9%
Cash Flow
$-512/mo
DSCR
0.75
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-512/mo net cash flow with a 4.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Lake Mary, FL
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-19 | Price change | $389,000 | $252 |
| 2026-08-29 | Listed for sale | $399,000 | $259 |
| 2023-06-16 | Sold | $375,000 | $243 |
| 2019-06-11 | Sold | $250,000 | $162 |
| 2019-04-16 | Pending sale | $255,000 | $165 |
| 2019-04-04 | Price change | $255,000 | $165 |
| 2019-03-21 | Price change | $257,500 | $167 |
| 2019-02-28 | Listed for sale | $263,000 | $170 |
| 2019-02-05 | Sold | $246,400 | $160 |
| 2003-08-25 | Sold | $153,000 | $99 |
| 1999-08-09 | Sold | $109,900 | $71 |
| 1997-09-10 | Sold | $97,000 | $63 |
| 1995-10-05 | Sold | $98,400 | $64 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,516.37 | $341,303 |
| 2024 | $3,903.05 | $335,493 |
| 2023 | $4,038.19 | $293,157 |
| 2022 | $3,573.33 | $266,506 |
| 2021 | $2,770.18 | $219,563 |
| 2020 | $2,745.88 | $216,532 |
| 2019 | $1,685.98 | $138,629 |
| 2018 | $1,685.98 | $136,044 |
| 2017 | $1,660.96 | $133,246 |
| 2016 | $1,645.97 | $131,419 |
| 2015 | $1,681.48 | $129,598 |
| 2014 | $1,681.48 | $128,569 |
| 2013 | $1,436.11 | $126,669 |
| 2012 | $1,334.69 | $124,552 |
| 2011 | $1,384.38 | $126,667 |
| 2010 | $1,598.89 | $139,404 |
| 2009 | $1,828.49 | $154,670 |
| 2008 | $2,416.99 | $197,971 |
| 2007 | $2,542.06 | $197,129 |
| 2006 | $2,696.41 | $192,321 |
| 2005 | $1,797.3 | $134,684 |
| 2004 | $1,787.49 | $130,761 |
| 2003 | $1,228.44 | $96,654 |
| 2002 | $1,209.15 | $94,389 |
| 2000 | $1,152.7 | $90,197 |
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