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$400,000

For Sale - Active
2002 Amesbury Dr, Auburndale, FL 33823
3 Beds
3 Baths
2,013 Square Feet
0.36 Acres Lot
Built in 1980
For Sale - Active
1 Units
Checked: 13 hours ago
Updated: Jun 10, 2025 at 04:50AM

Investment Summary


Monthly Cash Flow
-$300
Cap Rate
5.4%
Cash-on-Cash Return
-3.9%
Debt Coverage Ratio
0.86
Internal Rate of Return (5 years)
0.2%

Property Description


0.36 Acres Lot
Built in 1980
For Sale - Active
1 Units

Welcome to 2002 Amesbury Drive, a delightful 3-bedroom, 3-bathroom home in the picturesque Lake Whistler Estates of Auburndale. This spacious residence offers both charm and versatility, with features that cater to a wide range of lifestyles. Set within a tranquil, established neighborhood, this property provides a peaceful retreat while still being close to the conveniences of modern living. Nestled on a generous lot, the home boasts a fenced yard, offering plenty of outdoor space for activities and relaxation. Inside, you’ll find a versatile bonus room, perfect for use as an office, creative studio, or even an optional fourth bedroom. The cozy living room is enhanced by a charming fireplace, creating an inviting space to unwind, while the screened patio, complete with a skylight, provides the perfect spot for enjoying your morning coffee or an evening breeze. The property offers exclusive private lake access to the serene Lake Whistler, ideal for enjoying water activities or simply soaking in the beauty of the surroundings. Additionally, two nearby lakes provide even more recreational opportunities, with one featuring public access for those who love to explore the outdoors. The interior design combines practicality and style, with floating wood floors throughout the main living areas and tile flooring in the bathrooms. Recent updates ensure comfort and energy efficiency, including two newer AC units (2019) and an updated air handler. These thoughtful improvements add to the home’s appeal, making it move-in ready for its next owners. This property’s location in an older, well-established neighborhood is truly special. Large yards, mature landscaping, and generous lot sizes create a sense of privacy and tranquility. With the added benefits of low property taxes, no HOA fees, and ample driveway parking, this home blends affordability with convenience. Experience the perfect balance of comfort, charm, and flexibility at 2002 Amesbury Drive. Whether you're drawn to the private lake access, the spacious interior, or the serene surroundings of Lake Whistler Estates, this home is ready to welcome you. Schedule your showing today and discover all that this Auburndale gem has to offer.

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Location


Property Details


Parking

  • Description: Driveway
  • Details: Driveway, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 4
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Stucco
  • Foundation: Block, Slab
  • Roof Type: Hip
  • Roof Material: Shingle

HOA

  • Has HOA: Yes
  • Association: Jan Syversten
  • HOA Fee: $150/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 252733302120000770
  • Lot Size: 15834 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1980

Tax Information

  • Annual Tax: $1,572

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Polk

Listing Details


Listed by:
Jose Mejia
REAL BROKER, LLC
(727) 271-6900

Source:
Stellar MLS
MLS#: TB8320850
Stellar MLS

Investment Summary


Monthly Cash Flow
-$300
Cap Rate
5.4%
Cash-on-Cash Return
-3.9%
Debt Coverage Ratio
0.86
Internal Rate of Return (5 years)
0.2%

Purchase Details

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Purchase price:
$400,000
Amount financed:
-$320,000
Down payment:
$80,000
Closing costs:
$12,000
Rehab costs:
$0
Initial cash invested:
$92,000
Square feet:
2,013
Cost per square foot:
$199
Monthly rent per square foot:
$1.39

Financing Details

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Loan amount:
$320,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.810%
Principal & interest:
$2,088
Property tax:
$131
Insurance:
$196
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,415

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,800 $33,600
Vacancy loss: (6%)
6% -$168 -$2,016
Operating income:
$2,632 $31,584

Operating Expenses


% Rent Monthly Yearly
Property taxes: (5%)
5%-$131-$1,572
Insurance: (7%)
7%-$196-$2,352
Property management: (8%)
8%-$224-$2,688
Repairs & maintenance: (5%)
5%-$140-$1,680
Capital expenditures: (5%)
5%-$140-$1,680
HOA fees: (0%)
0%-$13-$156
Total operating expenses: (30%)
30%-$844-$10,128

Cash Flow


Monthly Yearly
Net operating income:
$1,788 $21,456
Mortgage payments:
-$2,088 -$25,056
Cash flow:
$300 $3,600