For SaleRisky Deal44 days on market

1240 GLENCREST DRIVE

1240 GLENCREST DRIVE, LAKE MARY, FL 32746, Heathrow, FL 32746
$600,000

Listing Price

Property image 1
1240 GLENCREST DRIVE, LAKE MARY, FL 32746
Loc: Heathrow, FL
Days Listed
44
Tax Assessed
$490k
Lot Size
6,339 sqft
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.

10

Heathrow Elementary School

PK-5
1.4 mi away
6

Markham Woods Middle School

6-8
1.5 mi away
5

Seminole High School

9-12
5.1 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

stucco exteriorranch styletiled roofattached garagesuburbanmanicured landscapingconcrete drivewaysingle-storyarched window detailneatly trimmed hedgesresidentialwell-maintainedneutral color palette

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.99%
Total ROI
89.1%
Cash Flow
$-118/mo
DSCR
0.96
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-118/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.0%)
  • • Strong rental demand in Heathrow
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

DateEventPricePrice/sqft
2026-08-11Listed for sale$600,000$347
2003-01-24Sold$205,000$119
1996-07-15Sold$170,000$98

Tax History

YearProperty TaxTax Assessment
2025$3,958.89$308,846
2024$3,436.1$300,142
2023$3,347$291,400
2022$3,259.41$282,913
2021$3,472.9$274,673
2020$3,444.56$270,881
2019$3,410.28$264,791
2018$3,410.28$259,854
2017$3,380.91$254,509
2016$3,361.44$251,019
2015$3,423.16$247,541
2014$3,423.16$245,576
2013$3,281.14$241,947
2012$3,076.9$237,903
2011$3,005.21$230,974
2010$2,947.35$225,280
2009$2,934.19$225,437
2008$2,827.23$225,212
2007$2,859.93$368,106
2006$3,034.81$213,319
2005$2,984.02$207,106
2004$2,975.86$201,074
2003$3,336.23$194,599
2002$3,094.71$177,594
2000$2,400.76$160,786
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
3
Sq Ft
1,729

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