Off MarketRisky Deal1 days on market
1048 PARMA CIRCLE
1048 PARMA CIRCLE, LAKE MARY, FL 32746, Lake Mary, FL 32746
$425,000
Listing Price
1048 PARMA CIRCLE, LAKE MARY, FL 32746
Loc: Lake Mary, FL
Days Listed
1
Tax Assessed
$372k
Lot Size
1,222 sqft
Type
townhouse
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.
5
Crystal Lake Elementary School
PK-5
0.1 mi away
3
Millennium Middle School
6-8
6.4 mi away
5
Seminole High School
9-12
3.8 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
Mediterranean architecturestucco exteriorarched entrywayswrought iron railingbalconytwo-storytan and brown color paletteornate trimpotted plantresidentialstaircase entrancearchitectural detailurban townhouse
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.93%
Total ROI
87.8%
Cash Flow
$-104/mo
DSCR
0.95
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-104/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 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 |
|---|---|---|---|
| 2024-12-03 | Listing removed | $360,000 | $179 |
| 2024-07-23 | Sold | $416,000 | $207 |
| 2024-07-02 | Pending sale | $428,000 | $213 |
| 2024-05-24 | Listed for sale | $428,000 | $213 |
| 2024-05-21 | Pending sale | $428,000 | $213 |
| 2024-05-20 | Price change | $428,000 | $213 |
| 2024-05-17 | Price change | $420,000 | $209 |
| 2024-05-08 | Listed for sale | $439,900 | $218 |
| 2024-05-06 | Pending sale | $439,900 | $218 |
| 2024-03-26 | Price change | $439,900 | $218 |
| 2024-02-15 | Listed for sale | $445,000 | $221 |
| 2022-05-25 | Sold | $440,000 | $218 |
| 2022-04-26 | Pending sale | $439,990 | $218 |
| 2022-04-11 | Listed for sale | $439,990 | $218 |
| 2022-03-24 | Pending sale | $439,990 | $218 |
| 2022-03-02 | Listed for sale | $439,990 | $218 |
| 2021-12-02 | Sold | $363,500 | $180 |
| 2021-11-16 | Pending sale | $360,000 | $179 |
| 2021-11-11 | Listed for sale | $360,000 | $179 |
| 2021-02-28 | Listing removed | $0 | – |
| 2020-11-26 | Listing removed | $2,350 | $1 |
| 2020-09-08 | Listed for rent | $2,350 | $1 |
| 2020-01-22 | Listing removed | $2,300 | $1 |
| 2019-12-31 | Price change | $2,300 | $1 |
| 2019-12-09 | Price change | $2,250 | $1 |
| 2019-12-02 | Listed for rent | $2,450 | $1 |
| 2019-11-21 | Listing removed | $299,000 | $148 |
| 2014-10-22 | Sold | $274,700 | $136 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,762.07 | $372,204 |
| 2024 | $4,761.22 | $382,491 |
| 2023 | $4,640.39 | $371,350 |
| 2022 | $4,557.13 | $322,697 |
| 2021 | $3,961.68 | $273,059 |
| 2020 | $3,925.25 | $268,351 |
| 2019 | $3,768.78 | $253,978 |
| 2018 | $3,768.78 | $229,504 |
| 2017 | $2,856.45 | $224,784 |
| 2016 | $2,839.47 | $221,702 |
| 2015 | $2,964.26 | $218,631 |
| 2014 | $2,964.26 | $21,000 |
| 2013 | $331.64 | $20,000 |
| 2012 | $281.6 | $17,000 |
| 2011 | $284.47 | $17,000 |
| 2010 | $287.26 | $17,000 |
| 2009 | $285.93 | $17,000 |
| 2008 | $583.22 | $35,880 |
| 2007 | $716.02 | $45,000 |
| 2006 | $665.8 | $0 |
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