For SaleRisky Deal201 days on market
940 LOBELIA DRIVE
940 LOBELIA DRIVE, LAKE MARY, FL 32746, Lake Mary, FL 32746
$390,000
Estimate®:$386,600
Listing Price
940 LOBELIA DRIVE, LAKE MARY, FL 32746
Loc: Lake Mary, FL
Days Listed
201
Tax Assessed
$388k
Estimate®
$387k
Market Rate
Lot Size
1,190 sqft
Rent Estimate
$2,859/mo
Est. Cash Flow base
Type
townhouse
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.
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 exteriormulti-story residentialoutdoor lightinglandscaped walkwayexternal staircasewrought iron railingsupscale apartment complexpalm treesevening ambiencecovered porchcommunity livingneatly maintained grounds
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.08%
Total ROI
69.2%
Cash Flow
$-374/mo
DSCR
0.82
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-374/mo net cash flow with a 5.1% 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 |
|---|---|---|---|
| 2026-06-11 | Price change | $390,000 | $180 |
| 2026-06-04 | Price change | $398,000 | $184 |
| 2026-04-25 | Price change | $399,000 | $184 |
| 2026-04-02 | Price change | $413,000 | $190 |
| 2026-03-19 | Price change | $433,000 | $200 |
| 2026-03-07 | Listed for sale | $449,000 | $207 |
| 2024-12-07 | Listing removed | $420,000 | $194 |
| 2024-11-21 | Price change | $420,000 | $194 |
| 2024-11-15 | Listed for sale | $429,000 | $198 |
| 2023-12-19 | Listing removed | $0 | – |
| 2023-12-01 | Price change | $464,990 | $214 |
| 2023-11-17 | Listed for sale | $470,000 | $217 |
| 2022-08-30 | Sold | $445,000 | $205 |
| 2022-08-09 | Pending sale | $450,000 | $208 |
| 2022-08-03 | Price change | $450,000 | $208 |
| 2022-07-01 | Listed for sale | $470,000 | $217 |
| 2014-03-26 | Sold | $263,400 | $121 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $5,588.74 | $388,298 |
| 2024 | $5,563.47 | $399,591 |
| 2023 | $5,431.31 | $387,345 |
| 2022 | $3,120.79 | $261,322 |
| 2021 | $3,101.16 | $253,711 |
| 2020 | $3,076.85 | $250,208 |
| 2019 | $3,040.74 | $244,583 |
| 2018 | $3,040.74 | $240,023 |
| 2017 | $3,014.59 | $235,086 |
| 2016 | $2,997.15 | $231,863 |
| 2015 | $3,128.83 | $228,650 |
| 2014 | $3,128.83 | $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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