Off MarketRisky Deal0 days on market
3938 NW 62ND LANE
3938 NW 62ND LANE, GAINESVILLE, FL 32653, Gainesville, FL 32653
$440,000
Estimate®:$378,500
Listing Price
3938 NW 62ND LANE, GAINESVILLE, FL 32653
Loc: Gainesville, FL
Days Listed
0
Tax Assessed
$357k
Estimate®
$379k
Market Rate
Lot Size
10,019 sqft
Rent Estimate
$2,465/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.
8
William S. Talbot Elementary School
PK-5
0.4 mi away
3
Westwood Middle School
6-8
3.4 mi away
6
Gainesville High School
8-12
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
ranch stylesingle-storysage green sidingbrick accentscovered entrywaysuburbanlandscaped gardencontemporarytraditionalwell-maintainedcozycurb appealmulti-pane windows
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.78%
Total ROI
41.0%
Cash Flow
$-897/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-897/mo net cash flow with a 3.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Gainesville, 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 |
|---|---|---|---|
| 2025-10-24 | Listing removed | $455,000 | $221 |
| 2025-10-10 | Price change | $455,000 | $221 |
| 2025-09-17 | Pending sale | $460,000 | $223 |
| 2025-07-13 | Price change | $460,000 | $223 |
| 2025-05-30 | Listed for sale | $470,000 | $228 |
| 2020-05-05 | Sold | $240,000 | $116 |
| 2020-03-28 | Pending sale | $258,900 | $126 |
| 2020-03-19 | Price change | $258,900 | $126 |
| 2020-02-15 | Price change | $269,900 | $131 |
| 2020-01-15 | Listed for sale | $275,000 | $133 |
| 1997-02-21 | Sold | $141,100 | $68 |
| 1996-10-14 | Sold | $27,000 | $13 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,737.47 | $244,356 |
| 2024 | $4,553.19 | $237,470 |
| 2023 | $4,451.35 | $230,553 |
| 2022 | $4,205.49 | $223,838 |
| 2021 | $4,163.12 | $217,318 |
| 2020 | $4,970.05 | $211,956 |
| 2019 | $3,092.6 | $165,598 |
| 2018 | $3,092.6 | $162,510 |
| 2017 | $2,864.19 | $159,170 |
| 2016 | $2,863.96 | $155,900 |
| 2015 | $2,825.56 | $154,820 |
| 2014 | $2,860.38 | $153,600 |
| 2013 | $2,853.42 | $162,200 |
| 2012 | $0 | $164,300 |
| 2011 | $0 | $157,550 |
| 2010 | $0 | $179,100 |
| 2009 | $0 | $189,900 |
| 2008 | $0 | $215,700 |
| 2007 | $0 | $211,400 |
| 2006 | $0 | $186,300 |
| 2005 | $0 | $174,100 |
| 2004 | $0 | $161,400 |
| 2003 | $0 | $130,500 |
| 2002 | $0 | $130,500 |
| 2001 | $0 | $127,500 |
| 2000 | $0 | $120,700 |
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